Form 4: Rubrik Director Yvonne Wassenaar Executes Stock Transactions
SEC Form 4 Filing
Director Yvonne Wassenaar reports the acquisition and disposition of Rubrik, Inc. Class A Common Stock on March 18, 2025, including sales under a pre-arranged 10b5-1 trading plan.
Summary
- On March 18, 2025, Yvonne Wassenaar, a director of Rubrik, Inc., engaged in transactions involving the company's Class A Common Stock.
- Wassenaar acquired 3,000 shares of Class A Common Stock at $0 per share.
- She also sold 2,400 shares at an average price of $69.94 and 600 shares at an average price of $70.4.
- These sales were executed under a Rule 10b5-1 trading plan adopted on July 5, 2024.
- Following these transactions, Wassenaar directly owns 153 shares of Class A Common Stock.
- Wassenaar also holds 42,000 shares of Class B Common Stock, which are convertible to Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing primarily reports transactions under a pre-existing trading plan, without indicating any strong positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-arranged nature of the sales mitigates concerns about insider sentiment.
Key Dates
| Date | Description |
|---|---|
| July 5, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| 03/18/2025 | Date of stock transactions (acquisition and disposition) |
| 03/20/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Rubrik, Insider Trading, Stock Sale, Yvonne Wassenaar, RBRK, Class A Common Stock, Class B Common Stock, Rule 10b5-1
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