Form 4: Greylock XIV GP LLC Reports Distribution of Rubrik, Inc. Shares

Greylock XIV GP LLC reports a pro-rata, in-kind distribution of Rubrik, Inc. Class A Common Stock to its partners, members, and/or assigns.

Summary

• Greylock XIV GP LLC, along with affiliated funds, reported a distribution of Rubrik, Inc. shares.
• The distribution was a pro-rata, in-kind distribution to its respective partners, members, and/or assigns.
• The transactions occurred on December 11, 2024, and December 19, 2024.
• The distribution involved Class A Common Stock and Class B Common Stock.
• The reporting entities include Greylock XIV GP LLC, Greylock XIV Limited Partnership, Greylock XIV-A Limited Partnership, and Greylock XIV Principals LLC.
• The distribution was made without additional consideration and is exempt under Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934.

Sentiment

Score: 6

Explanation: The document itself is neutral, simply reporting a distribution of shares. The sentiment is slightly positive as it reflects a normal post-IPO activity of a major shareholder.

Future Outlook

The document does not contain any specific forward-looking statements regarding Rubrik's future performance or guidance.

Industry Context

This filing reflects the activity of a major shareholder distributing shares, which is a common occurrence after a company goes public. It doesn't necessarily indicate a negative outlook, but rather a redistribution of ownership among the fund's investors.

Stakeholder Impact

• The distribution of shares may have a minor impact on shareholders as the ownership structure changes.
• The distribution does not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates