Form 4: Rubrik CFO Kiran Kumar Choudary Reports Stock Option Exercise and Sale of Class A Common Stock

Rubrik's Chief Financial Officer, Kiran Kumar Choudary, executed stock options and sold Class A Common Stock on April 16, 2025, according to a Form 4 filing with the SEC.

Summary

• On April 16, 2025, Kiran Kumar Choudary, the Chief Financial Officer of Rubrik, Inc., engaged in transactions involving the company's stock.
• Choudary exercised stock options to acquire 2,000 shares of Class A Common Stock at a price of $0.
• Concurrently, Choudary sold 500 shares of Class A Common Stock at an average price of $60.94, 1,200 shares at an average price of $62.29, and 300 shares at an average price of $62.8.
• Following these transactions, Choudary directly owns 614,798 shares of Class A Common Stock and 82,450 derivative securities.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports transactions by an officer without indicating positive or negative implications for the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.

Key Dates

Keywords

Form 4, Rubrik, Kiran Kumar Choudary, Class A Common Stock, Stock Options, SEC Filing, Insider Trading, Rule 10b5-1