Form 4: Rubrik CFO Sells Shares Under 10b5-1 Plan

Rubrik's Chief Financial Officer, Kiran Kumar Choudary, reported the sale of 3,500 Class A Common Stock shares following the exercise of options, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Kiran Kumar Choudary, Chief Financial Officer of Rubrik, Inc. (RBRK), reported transactions on November 19, 2025.
• Exercised options to acquire 2,000 shares of Class B Common Stock at an exercise price of $7.99 per share.
• These 2,000 Class B shares automatically converted into 2,000 Class A Common Stock shares upon sale or transfer.
• Sold 1,900 shares of Class A Common Stock at a weighted average price of $68.91 per share, with prices ranging from $68.78 to $69.72.
• Sold an additional 1,600 shares of Class A Common Stock at a weighted average price of $70.12 per share, with prices ranging from $69.82 to $70.62.
• All sales were conducted under a Rule 10b5-1 trading plan adopted on January 15, 2025.
• Following these transactions, the reporting person directly owns 509,051 shares of Class A Common Stock and 52,450 derivative Class B Common Stock options.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine disclosure of insider transactions under a pre-arranged trading plan, which does not inherently indicate positive or negative sentiment about the company's prospects.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may observe a slight increase in the public float of Class A Common Stock due to the sales by a key executive.
• The transactions, being pre-planned under Rule 10b5-1, generally mitigate concerns about opportunistic insider selling.

Key Dates

Recommendation

The filing details routine insider stock transactions by the CFO under a pre-established 10b5-1 trading plan. Such pre-planned sales are common for executives for diversification and liquidity purposes and do not typically signal a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this disclosure. Therefore, a 'hold' recommendation is appropriate as this filing provides no new material information to alter an existing investment thesis.

Keywords

Rubrik, RBRK, Kiran Kumar Choudary, CFO, Insider Trading, Form 4, Stock Sale, Option Exercise, 10b5-1 Plan, Class A Common Stock, Class B Common Stock