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

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

Summary

• On May 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 2,091 shares at a weighted average price of $70.97, with prices ranging from $70.25 to $71.21 per share.
• He also sold 6,918 shares at a weighted average price of $71.60, with prices ranging from $71.28 to $72.20 per share.
• Following these transactions, Thompson directly owns 24,999 shares of Class A Common Stock and indirectly owns 998 shares of Class A Common Stock and 908,401 shares of Class B Common Stock through the John and Sandra Thompson Trust.
• He also acquired 9,009 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine disclosure of stock sales under a pre-arranged trading plan. It doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider. It's common for executives and directors to use 10b5-1 trading plans to sell shares over time to avoid accusations of insider trading.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Form 4, Rubrik, RBRK, John Thompson, Class A Common Stock, Class B Common Stock, 10b5-1 trading plan, Director, Sale of shares, Beneficial ownership