Form 4: Rubrik Director Reports RSU Grant, Boosts Direct Holdings

Rubrik, Inc. Director Asheem Chandna reported the acquisition of 513 Class A Common Stock shares through a restricted stock unit grant, fully vested on January 15, 2026.

Summary

• Asheem Chandna, a Director of Rubrik, Inc. (RBRK), reported a transaction involving Class A Common Stock.
• On January 15, 2026, Chandna acquired 513 shares of Class A Common Stock through a grant of restricted stock units (RSUs).
• These restricted stock units were fully vested as of the date of grant, with a reported price of $0 per share, indicating a grant.
• Following this transaction, Chandna directly beneficially owns 1,094,154 shares of Class A Common Stock.
• Chandna also reported indirect beneficial ownership of 9,296 shares through the Chandna Children's Trust, 46,484 shares through The Revocable Trust of Asheem Chandna and Aarti Chandna, and a collective 384,022 shares through Greylock 16 Limited Partnership, Greylock 16-A Limited Partnership, and Greylock 16 Principals Limited Partnership.
• The reporting person disclaims beneficial ownership of shares held by the Greylock partnerships, except to the extent of his pecuniary interest, as he is a managing member of Greylock 16 GP LLC, the general partner.

Sentiment

Score: 7

Explanation: The filing reports a routine equity grant to a director, which is generally a positive sign of continued alignment and compensation, but it's a small transaction in the context of total holdings and does not indicate significant new investment or strategic shifts.

Positives

• Director Asheem Chandna acquired 513 shares of Class A Common Stock through an RSU grant, aligning his interests further with shareholders.
• The restricted stock units were fully vested upon grant, providing immediate ownership and eliminating future vesting conditions for these specific shares.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Indirect beneficial ownership of 9,296 Class A Common Stock shares through the Chandna Children's Trust dated 12/23/2012, where Asheem Chandna and Aarti Chandna serve as trustees.
• Indirect beneficial ownership of 46,484 Class A Common Stock shares through The Revocable Trust of Asheem Chandna and Aarti Chandna, UDT 4/13/98.
• Indirect beneficial ownership of 345,623 shares through Greylock 16 Limited Partnership, 12,287 shares through Greylock 16-A Limited Partnership, and 26,112 shares through Greylock 16 Principals Limited Partnership. Asheem Chandna, as a managing member of Greylock 16 GP LLC (the general partner for these entities), may be deemed to share voting and investment power over these shares, though he disclaims beneficial ownership except to the extent of his pecuniary interest.

Stakeholder Impact

• Shareholders: The grant of restricted stock units to a director aligns management's interests with those of shareholders, potentially fostering long-term value creation.

Key Dates

Recommendation

This Form 4 reports a routine equity grant to a director, which is a standard compensation practice and indicates continued alignment. However, the transaction size is small and does not provide new fundamental information to warrant a change in investment thesis. Investors should hold their position and monitor broader company performance and market trends.

Keywords

Rubrik, RBRK, Asheem Chandna, SEC Form 4, Insider Transaction, Restricted Stock Units, Director, Beneficial Ownership, Equity Grant