Form 4: Rubrik CFO Kiran Kumar Choudary Receives RSU Grant

Rubrik, Inc. CFO Kiran Kumar Choudary was granted 464,167 restricted stock units as part of the company's equity incentive plan.

Summary

• Kiran Kumar Choudary, Chief Financial Officer of Rubrik, Inc., was granted 464,167 restricted stock units (RSUs).
• The grant was issued on April 14, 2026, at a price of $0 per share.
• Following this transaction, the reporting person's total beneficial ownership of Class A Common Stock increased to 1,014,068 shares.
• The RSUs are subject to a multi-year vesting schedule based on continuous service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive compensation, which is expected behavior for a public company.

Positives

• The grant aligns the interests of the CFO with long-term shareholder value through equity-based compensation.
• The vesting schedule encourages long-term retention of key executive leadership.

Negatives

• The issuance of new RSUs results in potential future dilution for existing shareholders.

Risks

• Vesting is contingent upon the Reporting Person's Continuous Service, creating a dependency on executive retention.

Future Outlook

The RSUs vest over a multi-year period, with 2.5% vesting on each of the first four quarterly dates following March 15, 2026, and the remainder in twelve equal installments thereafter.

Management Comments

• The transaction represents a standard equity incentive grant under the 2024 Equity Incentive Plan.

Industry Context

StockSavvy.ai notes that equity grants to C-suite executives are standard practice in the technology sector to ensure leadership alignment with corporate performance and retention in a competitive talent market.

Comparison to Industry Standards

• The use of multi-year vesting schedules for executive compensation is consistent with standard corporate governance practices for publicly traded technology firms.
• The grant size is typical for a CFO role in a company of Rubrik's market capitalization and growth stage.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual vesting and settlement of these RSUs.

Next Steps

• Quarterly vesting of RSUs on the 15th of March, June, September, and December, subject to continuous service.

Key Dates

Keywords

Rubrik, RBRK, CFO, Insider Trading, Equity Compensation, Form 4