Form 4: Rubrik Director Ravi Mhatre Reports RSU Grant

Rubrik, Inc. Director Ravi Mhatre reported the acquisition of 220 Class A Common Stock shares through a fully vested restricted stock unit grant.

Summary

• Ravi Mhatre, a Director of Rubrik, Inc. (RBRK), reported an acquisition of 220 shares of Class A Common Stock.
• The transaction occurred on January 15, 2026, and involved a grant of restricted stock units (RSUs) that were fully vested as of the grant date.
• Following this transaction, Mhatre directly beneficially owns 97,894 shares of Class A Common Stock.
• Indirect beneficial ownership includes 442,739 shares via Mhatre Investments LP Fund 2, 83,909 shares via Mhatre Investments LP Fund 3, and 649 shares via the Mhatre 2011 Irrevocable Children's Trust.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The filing reports a routine equity compensation grant to a director, which is a standard practice and indicates continued alignment of interests. No significant positive or negative financial implications are immediately apparent from this specific transaction.

Positives

• Director Ravi Mhatre received a grant of 220 fully vested restricted stock units, increasing his direct beneficial ownership.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.

Related Party Transactions

• Ravi Mhatre holds indirect beneficial ownership through Mhatre Investments LP Fund 2 (442,739 shares), Mhatre Investments LP Fund 3 (83,909 shares), and the Mhatre 2011 Irrevocable Children's Trust (649 shares), where he serves as trustee or general partner trustee.

Stakeholder Impact

• Shareholders: The director's increased stake aligns interests, but the small number of shares granted is unlikely to have a material impact on overall share dilution or value.

Key Dates

Recommendation

This Form 4 reports a routine equity compensation grant to a director and does not contain information that would fundamentally alter the investment thesis for Rubrik, Inc. It reflects standard corporate governance and compensation practices. Therefore, a 'hold' recommendation is appropriate as this specific filing provides no new material information to warrant a change in investment stance.

Keywords

Rubrik, RBRK, Ravi Mhatre, Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, Director Ownership, Equity Compensation, 10b5-1 Plan