SCHEDULE: Lightspeed Venture Partners Discloses Rubrik Stake

Lightspeed Venture Partners has filed a Schedule 13G, detailing their beneficial ownership of Rubrik, Inc. Class A common stock as of June 30, 2026.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership of Rubrik, Inc. Class A common stock.
• The reporting persons, collectively referred to as Lightspeed Venture Partners, have disclosed their holdings as of June 30, 2026.
• The filing details the ownership structure across various Lightspeed entities, including Lightspeed IX, Lightspeed SPV I, Lightspeed SPV I-B, Lightspeed SPV I-C, and Lightspeed Select II.
• Collectively, the Reporting Persons beneficially own an aggregate of 7,144,060 shares of Class B common stock, which converts to a percentage of Class A common stock.
• The total beneficial ownership reported is 3.5% of the common stock and 4.2% of the Class A common stock, based on outstanding shares as of May 31, 2026, adjusted for conversions.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, reflecting ongoing investment activity rather than new financial performance data.

Positives

• Lightspeed Venture Partners continues to hold a significant stake in Rubrik, Inc., indicating sustained confidence in the company's prospects.
• The disclosure provides transparency regarding the ownership of Rubrik's Class A common stock by a major venture capital firm.

Negatives

• The filing does not provide any new financial performance data or strategic updates for Rubrik, Inc., limiting insights into the company's current operational health.
• The ownership percentages are based on a prior reporting period (May 31, 2026), and may not reflect the most current holdings.

Risks

• The filing does not explicitly mention any risks associated with the investment or the company's operations.
• Potential future changes in Lightspeed's investment strategy or market conditions could impact their holdings and Rubrik's stock.

Future Outlook

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

Industry Context

StockSavvy.ai notes that venture capital firms frequently file Schedule 13G amendments to report changes in their holdings of public companies. This filing indicates Lightspeed Venture Partners' continued significant investment in the cybersecurity and data management sector, where Rubrik operates.

Stakeholder Impact

• Shareholders: Provides transparency on a significant investor's holdings, potentially influencing market perception.
• Rubrik Management: May be aware of Lightspeed's ongoing commitment or potential shifts in investment strategy.

Next Steps

• Lightspeed Venture Partners will continue to monitor their investment in Rubrik, Inc.
• Future amendments to Schedule 13G will be filed if there are material changes in beneficial ownership.

Key Dates

Keywords

Rubrik, Lightspeed Venture Partners, Schedule 13G, Beneficial Ownership, Class A Common Stock, Venture Capital, Investment Disclosure