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

Director John Wendell Thompson of Rubrik, Inc. executed multiple sales of Class A Common Stock on March 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• John Wendell Thompson, a director at Rubrik, Inc., sold shares of Class A Common Stock on March 3, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on October 15, 2024.
• A total of 9,009 shares were sold at varying prices.
• The sales prices ranged from $61.08 to $68.25 per share.
• Thompson also acquired 9,009 shares of Class A Common Stock.
• The shares are held indirectly through the John and Sandra Thompson Trust, where Thompson serves as co-trustee.
• Following the reported transactions, Thompson directly owns 24,999 shares of Class A Common Stock and indirectly owns 926,419 shares through the trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of insider trading activity under a pre-arranged plan. There's no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives and directors to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information. The impact on the stock price is usually minimal unless the sales are unusually large or frequent.

Key Dates