Form 4: Rubrik Director Granted 513 Shares of Class A Stock

Rubrik, Inc. Director Richard Scott Herren was granted 513 shares of Class A Common Stock on January 15, 2026, under a Rule 10b5-1 plan.

Summary

• Richard Scott Herren, a Director of Rubrik, Inc. (RBRK), acquired 513 shares of Class A Common Stock.
• The transaction occurred on January 15, 2026, and was reported on January 16, 2026.
• The acquisition was a grant of restricted stock units (RSUs) at a price of $0 per share.
• These RSUs are fully vested as of the date of grant.
• Following this transaction, Mr. Herren beneficially owns 3,752 shares of Class A Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The grant of fully vested restricted stock units to a director is a moderately positive event, indicating continued alignment of interests and standard compensation practices. It's not a significant market-moving event but reflects ongoing insider ownership.

Positives

• Director Richard Scott Herren received a grant of 513 shares of Class A Common Stock, increasing his direct beneficial ownership to 3,752 shares.
• The grant of restricted stock units (RSUs) was fully vested as of the date of grant, indicating immediate ownership without further vesting conditions.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing (Form 4) for a director receiving equity compensation. Such grants are common practice in the technology industry to align management incentives with shareholder interests. The use of a Rule 10b5-1 plan indicates a pre-scheduled transaction, which is a standard practice for insiders to avoid accusations of trading on material non-public information.

Comparison to Industry Standards

• Equity grants to directors are a standard component of compensation packages across the technology sector, similar to practices at companies like Microsoft, Google, or Salesforce, which use RSUs to incentivize long-term commitment and performance.
• The grant of fully vested RSUs is a common method for compensating non-employee directors, providing immediate equity ownership without performance or time-based vesting hurdles often seen with employee RSU grants.
• The use of a Rule 10b5-1 plan for such transactions is an industry best practice for corporate insiders to manage their equity holdings in a compliant and transparent manner, comparable to plans adopted by executives at major public companies.

Related Party Transactions

• Director Richard Scott Herren, an insider, received a grant of 513 shares of Class A Common Stock from Rubrik, Inc. as part of his compensation.

Stakeholder Impact

• Shareholders: The grant slightly dilutes existing shares but aligns the director's interests with long-term shareholder value. It's a standard compensation practice.
• Employees: No direct impact on employees, but reflects the company's overall equity compensation strategy.

Key Dates

Recommendation

This Form 4 reports a routine equity grant to a director, which is a standard compensation practice and does not provide new fundamental information to warrant a change in investment recommendation. While it shows continued insider ownership, it's not a significant catalyst for a 'buy' or 'sell' decision.

Keywords

Rubrik, RBRK, Insider Transaction, Form 4, Richard Scott Herren, Director, Stock Grant, Restricted Stock Units, RSU, Equity Compensation, Rule 10b5-1