RBRK.NYSERubrik, INC

Form 4: Rubrik Director Yvonne Wassenaar Executes Stock Transactions

Sentiment:

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

DateDescription
July 5, 2024Date of adoption of Rule 10b5-1 trading plan
03/18/2025Date of stock transactions (acquisition and disposition)
03/20/2025Date 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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