Form 4: Rubrik Director Ravi Mhatre Receives RSU Grant

Director Ravi Mhatre was granted 3,709 restricted stock units in Rubrik, Inc. as part of standard equity compensation.

Summary

• Director Ravi Mhatre acquired 3,709 restricted stock units (RSUs) of Rubrik, Inc. Class A Common Stock on June 3, 2026.
• The RSUs were granted at a price of $0 per share as part of equity compensation.
• The grant vests in four equal quarterly installments starting September 15, 2026, through June 15, 2027.
• Following this transaction, the reporting person directly owns 101,603 shares, with additional indirect holdings through investment funds and a trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Director alignment with company performance through equity-based compensation.
• Vesting schedule encourages long-term retention and service.

Negatives

• None identified; this is a standard compensatory equity grant.

Risks

• Vesting is subject to the reporting person's continuous service with the issuer.

Future Outlook

The RSUs will vest in four equal quarterly installments on September 15, 2026, December 15, 2026, March 15, 2027, and June 15, 2027, contingent upon continued service.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard practice in the technology sector to ensure board alignment with shareholder interests.

Comparison to Industry Standards

• The grant structure follows standard industry practices for public technology companies.
• Quarterly vesting schedules are consistent with typical board compensation packages for SaaS companies.

Related Party Transactions

• The reporting person maintains indirect ownership through Mhatre Investments LP Fund 2, Mhatre Investments LP Fund 3, and the Mhatre 2011 Irrevocable Children's Trust.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity grant to a director.

Next Steps

• Vesting of RSU installments on September 15, 2026, December 15, 2026, March 15, 2027, and June 15, 2027.

Key Dates

Keywords

Rubrik, RBRK, Form 4, Insider Trading, Equity Compensation, Director Compensation