Form 4: Lightspeed Management Sells Rubrik Shares at $30.19 Average Price

Lightspeed Management Company, along with Barry Eggers and Peter Nieh, report the sale of Rubrik, Inc. shares at an average price of $30.19.

Summary

• On September 13, 2024, Lightspeed Management Company, L.L.C. sold 15,933 shares of Rubrik, Inc. Class A Common Stock at an average price of $30.19.
• The shares were sold in multiple transactions with prices ranging from $30.10 to $30.32.
• After the transaction, Lightspeed Management Company, L.L.C. directly holds no shares.
• Barry Eggers and Peter Nieh, as managing members of Lightspeed Management Company, L.L.C., disclaim beneficial ownership of the shares except to the extent of their pecuniary interest.
• Additionally, Barry Eggers indirectly holds 156,736 shares through Eggers Investments LP Fund 2, and Peter Nieh indirectly holds 140,021 shares through Nieh Family Investments LP Fund 2 and 16,715 shares through Nieh Family Investments LP Fund 4.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the sale of shares.

Management Comments

• Barry Eggers and Peter Nieh disclaim beneficial ownership of the shares held by Lightspeed Management Company, L.L.C. except to the extent of their respective pecuniary interest therein.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The sale of shares by a significant shareholder like Lightspeed Management Company could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates