Form 4: Rubrik CRO Sells Shares Under Pre-Arranged 10b5-1 Plan

Rubrik's Chief Revenue Officer, Brian K. McCarthy, sold 12,500 shares of Class A Common Stock on September 2, 2025, through a pre-arranged trading plan.

Summary

• Brian K. McCarthy, Rubrik Inc.'s Chief Revenue Officer, reported the sale of 12,500 shares of Class A Common Stock.
• The transactions occurred on September 2, 2025, and were executed pursuant to a Rule 10b5-1 trading plan adopted on June 27, 2024.
• The sales were conducted in three separate transactions at weighted average prices:
• 1,200 shares at $86.7 per share (ranging from $86.12 to $87.09).
• 7,075 shares at $87.73 per share (ranging from $87.14 to $88.13).
• 4,225 shares at $88.35 per share (ranging from $88.14 to $88.64).
• Following these transactions, Mr. McCarthy beneficially owns 406,052 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned liquidity event for personal financial management rather than a reaction to new company-specific information, thus rendering the sentiment neutral.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned liquidity event rather than a reaction to new, adverse company information.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived negatively by investors, though the pre-planned nature mitigates this concern.

Risks

• No specific risks are detailed in this Form 4 filing beyond the general market perception of insider sales.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Management Comments

• The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the reported ranges.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders may note the executive's sale of shares, but the pre-arranged nature under a 10b5-1 plan generally mitigates concerns about management's confidence in the company's future.

Key Dates

Recommendation

The sale by the Chief Revenue Officer was executed under a pre-arranged Rule 10b5-1 trading plan, adopted several months prior. Such planned sales are common for executives for personal financial planning and do not typically signal a change in the company's fundamental outlook or warrant an immediate change in investment recommendation. The transaction is a routine insider disclosure.

Keywords

Rubrik, RBRK, Insider Trading, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan, Brian K. McCarthy, Chief Revenue Officer