Form 4: Rubrik Director John Thompson Sells Shares Under 10b5-1 Plan

Director John Thompson sold shares of Rubrik (RBRK) Class A Common Stock on April 1, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On April 1, 2025, John Thompson, a director at Rubrik, Inc. (RBRK), sold shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on October 15, 2024.
• Thompson sold 2,600 shares at an average price of $59.55, 5,909 shares at an average price of $60.39, and 500 shares at an average price of $61.15.
• These sales resulted in a decrease in Thompson's direct holdings of Class A Common Stock.
• Following the transactions, Thompson directly owns 24,999 shares of Class A Common Stock and indirectly owns 998 shares of Class A Common Stock through the John and Sandra Thompson Trust.
• Thompson also indirectly owns 917,410 shares of Class B Common Stock through the John and Sandra Thompson Trust, which are convertible to Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, as it simply reports transactions.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives and directors to sell shares under pre-arranged 10b5-1 trading plans to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, Rubrik, RBRK, John Thompson, Insider Trading, 10b5-1 Plan, Stock Sale, Director