Form 4: Rubrik Director Yvonne Wassenaar Granted 2,702 Restricted Stock Units

Rubrik, Inc. Director Yvonne Wassenaar was granted 2,702 Class A Common Stock Restricted Stock Units (RSUs) on June 25, 2025, as reported in a recent SEC Form 4 filing.

Summary

• Yvonne Wassenaar, a Director of Rubrik, Inc. (RBRK), received a grant of 2,702 Restricted Stock Units (RSUs) on June 25, 2025.
• The RSUs represent Class A Common Stock and were granted at a price of $0.
• Following this transaction, Ms. Wassenaar beneficially owns a total of 2,855 Class A Common Stock equivalent securities.
• The RSUs will vest in four equal quarterly installments, with vesting dates on September 15, 2025, December 15, 2025, March 15, 2026, and June 15, 2026.
• Vesting is contingent upon Ms. Wassenaar's continuous service with Rubrik, Inc. on each respective vest date.

Sentiment

Score: 7

Explanation: The RSU grant is a positive, routine event for a director, aligning interests with shareholders, but it's not a major market-moving announcement.

Positives

• The grant of Restricted Stock Units aligns the director's long-term interests with those of shareholders, incentivizing stock price appreciation.
• The multi-year vesting schedule encourages continued service and commitment from a key board member.

Risks

• The vesting of the RSUs is subject to the reporting person's continuous service with the Issuer; if service terminates before vesting dates, unvested units would be forfeited.

Future Outlook

The RSU grant indicates a future commitment from Director Yvonne Wassenaar, with vesting scheduled quarterly through June 2026, contingent on her continuous service to Rubrik, Inc.

Industry Context

Equity grants, such as Restricted Stock Units, are a standard component of executive and director compensation across the technology and software industry. This practice aims to align the interests of leadership with long-term shareholder value and is consistent with typical compensation strategies for board members in publicly traded companies.

Comparison to Industry Standards

• The grant of Restricted Stock Units (RSUs) at a $0 price is a standard practice for equity compensation in the technology sector, mirroring compensation structures seen at companies like Microsoft, Salesforce, or Adobe for their directors and executives.
• The multi-year, quarterly vesting schedule is also common, designed to retain talent and incentivize long-term performance, aligning with global benchmarks for executive compensation.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's long-term interests with shareholder value by incentivizing continued service and potential stock price appreciation.
• Employees: No direct impact on general employees is indicated by this specific filing.

Next Steps

• Vesting of approximately 675.5 RSUs on September 15, 2025.
• Vesting of approximately 675.5 RSUs on December 15, 2025.
• Vesting of approximately 675.5 RSUs on March 15, 2026.
• Vesting of approximately 675.5 RSUs on June 15, 2026.

Key Dates

Recommendation

Keywords

Rubrik Inc., RBRK, SEC Form 4, Restricted Stock Units, RSU Grant, Insider Transaction, Beneficial Ownership, Director Compensation, Equity Compensation