Form 4: Rubrik Chief Revenue Officer Sells 25,000 Shares Under Pre-Arranged 10b5-1 Plan

Rubrik Inc.'s Chief Revenue Officer, Brian K. McCarthy, sold 25,000 shares of Class A Common Stock for a weighted average price of $100.18 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Brian K. McCarthy, the Chief Revenue Officer of Rubrik, Inc. (RBRK), reported the sale of 25,000 shares of the company's Class A Common Stock.
• The transaction took place on June 5, 2025.
• The shares were sold at a weighted average price of $100.18 per share, with individual sales occurring within a price range of $100.00 to $100.50.
• This sale was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted on June 27, 2024.
• Following this transaction, Mr. McCarthy beneficially owns 454,584 shares of Rubrik's Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale can be perceived negatively, the fact that it was executed under a pre-arranged 10b5-1 plan mitigates concerns about its implications for the company's immediate prospects.

Positives

• The sale was executed pursuant to a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than an immediate reaction to new information, which can mitigate negative market perception.

Negatives

• Chief Revenue Officer Brian K. McCarthy sold 25,000 shares of Class A Common Stock, which, despite being part of a pre-arranged plan, can sometimes be perceived by investors as a lack of confidence or a move to diversify personal holdings.

Future Outlook

The document, being a Form 4, does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing reports a routine insider transaction for Rubrik, Inc., and does not provide information relevant to broader industry trends or competitive dynamics within the cybersecurity and data security market.

Stakeholder Impact

• Shareholders may view the insider sale with mixed sentiment; while it's a planned transaction, some may interpret it as a signal, though the 10b5-1 plan reduces the likelihood of it being based on adverse non-public information.

Key Dates

Recommendation

Keywords

Rubrik, RBRK, Form 4, insider trading, stock sale, Brian K. McCarthy, Chief Revenue Officer, 10b5-1 plan, equity securities