Form 4: Revolve Co-CEO Sells RVLV Shares Under 10b5-1 Plan

Revolve Group Co-CEO Michael Mente executed sales of Class A common stock totaling 220,108 shares across three transactions in December 2025, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• Michael Mente, Co-Chief Executive Officer, Director, and 10% Owner of Revolve Group, Inc. (RVLV), reported multiple transactions involving the company's stock.
• On December 18, 2025, 88,444 shares of Class B common stock were converted into an equal number of Class A common stock and subsequently sold at a weighted-average price of $28.41 per share.
• On December 19, 2025, 78,619 shares of Class B common stock were converted into an equal number of Class A common stock and subsequently sold at a weighted-average price of $28.78 per share.
• On December 22, 2025, 63,045 shares of Class B common stock were converted into an equal number of Class A common stock and subsequently sold at a weighted-average price of $29.67 per share.
• All reported sales were conducted pursuant to a Rule 10b5-1 trading plan adopted by Mr. Mente on May 29, 2025.
• The shares involved in these transactions were indirectly held by MMMK Development, Inc., where Mr. Mente is a stockholder with shared voting and dispositive power.
• Following these transactions, Mr. Mente directly holds 73,000 shares of Class A Common Stock and indirectly holds 30,474,618 shares of Class B Common Stock through MMMK Development, Inc.

Sentiment

Score: 5

Explanation: Neutral, as the filing reports routine insider stock sales executed under a pre-arranged 10b5-1 trading plan, which is a common practice for executives managing personal finances and does not inherently signal a positive or negative outlook on the company's future.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details routine insider stock transactions and does not provide broader industry context or trends.

Related Party Transactions

• Michael Mente, Co-CEO, Director, and 10% Owner, executed sales of Revolve Group, Inc. Class A common stock that were indirectly held by MMMK Development, Inc., an entity where Mente is a stockholder with shared voting and dispositive power.

Stakeholder Impact

• Shareholders: The disclosure of insider selling, even under a 10b5-1 plan, provides transparency regarding executive stock ownership changes. While pre-planned sales are generally less indicative of management's view on future performance, some investors may still view insider selling with caution.

Key Dates

Recommendation

The filing is a routine Form 4 disclosing insider stock sales by Co-CEO Michael Mente, executed under a pre-arranged Rule 10b5-1 trading plan. Such transactions are typically for personal financial management and do not inherently reflect a change in the company's fundamental outlook or performance. Without additional financial or operational data, a 'hold' recommendation is appropriate, as this disclosure alone does not provide sufficient grounds for a change in investment thesis.

Keywords

Revolve Group, RVLV, Michael Mente, insider trading, stock sale, 10b5-1 plan, beneficial ownership, Class A common stock, Class B common stock