Form 4: Greylock XIV GP LLC Reports In-Kind Distribution of Rubrik, Inc. Shares
SEC Form 4 Filing
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 pro-rata, in-kind distribution of Rubrik, Inc. Class A Common Stock on March 28, 2025.
- The distribution was made to its respective partners, members, and/or assigns without additional consideration.
- The transaction is exempt under Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934.
- Greylock XIV GP LLC is the general partner of Greylock XIV Limited Partnership and Greylock XIV-A Limited Partnership, and the manager of Greylock XIV Principals LLC.
- Greylock XIV GP LLC disclaims beneficial ownership of the securities held by these entities except to the extent of any pecuniary interest.
Sentiment
Score: 6
Explanation: The document is a routine SEC filing related to a distribution of shares. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing reflects standard practice for venture capital firms distributing shares to their limited partners after a company's IPO. It's a common event and doesn't necessarily indicate a change in the firm's long-term outlook on Rubrik.
Stakeholder Impact
- The distribution of shares may increase the trading volume of Rubrik's stock in the short term.
- The distribution has no immediate impact on Rubrik's operations or financial condition.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of the in-kind distribution of Rubrik, Inc. Class A Common Stock. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Rubrik, Inc., Greylock XIV GP LLC, Class A Common Stock, in-kind distribution, beneficial ownership, Form 4, SEC, Greylock XIV Limited Partnership, Greylock XIV-A Limited Partnership, Greylock XIV Principals LLC
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