Form 4: Rubrik Chief Revenue Officer Brian K. McCarthy Executes Stock Transactions

Rubrik's Chief Revenue Officer, Brian K. McCarthy, acquired and sold shares of Class A Common Stock and converted Restricted Stock Units into Class A Common Stock on January 7, 2025.

Summary

• Brian K. McCarthy, Chief Revenue Officer of Rubrik, Inc., engaged in several stock transactions on January 7, 2025.
• He acquired 150,000 shares of Class A Common Stock at $0 price.
• He sold 65,517 shares of Class A Common Stock at a price of $66.0569 per share.
• He also converted 150,000 Restricted Stock Units (RSUs) into 150,000 shares of Class A Common Stock.
• These transactions resulted in a net decrease in his direct holdings of Class A Common Stock from 471,560 to 406,043 shares.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for company insiders who trade their company's stock. It provides transparency into the transactions of key personnel.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and Rubrik's filing is consistent with these requirements.
• The transactions are typical for executives who receive stock-based compensation and need to sell shares to cover tax obligations.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect the normal course of executive compensation and tax obligations.

Key Dates

Keywords

Rubrik, stock transaction, Class A Common Stock, Restricted Stock Units, insider trading, Form 4, Brian K. McCarthy, Chief Revenue Officer