Form 4: Greylock XIV GP LLC Reports Beneficial Ownership Changes in Rubrik, Inc.

Greylock XIV GP LLC and related entities report changes in beneficial ownership of Rubrik, Inc. Class A and Class B common stock due to conversion transactions.

Summary

• Greylock XIV GP LLC, along with Greylock XIV Limited Partnership, Greylock XIV-A Limited Partnership, and Greylock XIV Principals LLC, filed a Form 4 detailing changes in their beneficial ownership of Rubrik, Inc. stock.
• The transactions involved the conversion of Class B Common Stock into Class A Common Stock.
• As of March 14, 2025, Greylock XIV Limited Partnership beneficially owns 6,714,671 shares of Class A Common Stock indirectly.
• Greylock XIV-A Limited Partnership and Greylock XIV Principals LLC each beneficially own 373,037 shares of Class A Common Stock indirectly.
• The filing clarifies the relationships between the entities, with Greylock XIV GP LLC acting as the general partner or manager for the other entities and disclaiming beneficial ownership except to the extent of any pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the ownership positions and transactions of significant shareholders and insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of Rubrik, Inc.

Key Dates