SCHEDULE: FMR LLC Discloses 5.3% Stake in Rubrik Inc.

FMR LLC has reported beneficial ownership of 5.3% of Rubrik Inc.'s Class A Common Stock as of March 31, 2026.

Summary

• FMR LLC, through its subsidiaries and affiliates, has filed a Schedule 13G indicating beneficial ownership of 8,396,765.01 shares of Rubrik Inc.'s Class A Common Stock.
• This holding represents 5.3% of the total outstanding Class A Common Stock.
• The filing date for this event is March 31, 2026.
• Abigail P. Johnson, a Director, Chairman, and CEO of FMR LLC, is also noted as a significant owner, with family members holding a controlling interest in FMR LLC.
• The filing asserts that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive filing, as it signifies a substantial investment by a prominent institutional investor, suggesting confidence in Rubrik Inc.'s market position and future prospects.

Positives

• FMR LLC's significant stake suggests confidence in Rubrik Inc.'s long-term prospects.
• The filing indicates a substantial investment by a major financial institution.

Negatives

• No specific financial performance data or operational updates are provided in this filing, as it is a beneficial ownership report.

Risks

• The filing does not explicitly detail risks associated with Rubrik Inc.'s business operations.
• Potential risks for FMR LLC could include market volatility affecting the value of its investment in Rubrik Inc.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Rubrik Inc.'s future performance.

Management Comments

• "This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the 'FMR Reporters')."
• "This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters..."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect..."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC, a major institutional investor, indicates a significant investment in Rubrik Inc., a company operating in the rapidly evolving data security and cloud data management sector. Such filings often signal institutional conviction in a company's growth trajectory and market position.

Stakeholder Impact

• Shareholders: The filing may be interpreted positively by shareholders as it indicates continued institutional support and confidence in the company's value.
• Management: The filing confirms FMR LLC's status as a significant shareholder, which could influence future engagement on corporate governance matters.
• Potential Investors: The presence of a large stake by FMR LLC may attract other institutional investors.

Next Steps

• FMR LLC will continue to hold and potentially adjust its beneficial ownership of Rubrik Inc. Class A Common Stock.
• Rubrik Inc. will continue its operations in the data security and cloud data management sector.

Key Dates

Recommendation

This filing is a Schedule 13G, indicating beneficial ownership by FMR LLC. It does not contain operational or financial performance data that would warrant a buy or sell recommendation. The significant stake suggests institutional confidence, but without further performance metrics, a 'hold' is appropriate for seasoned investors, pending more detailed company updates.

Keywords

Rubrik Inc., FMR LLC, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment, SEC Filing, Abigail P. Johnson