Form 4: Rubrik Director Yvonne Wassenaar Reports Stock Transactions
SEC Form 4 Filing
Director Yvonne Wassenaar reports acquisition and disposal of Rubrik stock units following vesting and conversion events.
Summary
- Yvonne Wassenaar, a director at Rubrik, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On April 24, 2024, Wassenaar acquired 50,000 Restricted Stock Units (RSUs).
- On April 25, 2024, 33,332 RSUs vested and were converted into Class B Common Stock.
- These shares of Class B Common Stock were then converted into Class A Common Stock.
- Following these transactions, Wassenaar directly owns 16,668 RSUs and 33,332 shares of Class A Common Stock.
- Wassenaar also directly owns 50,000 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 12/15/2022 | 1/3 of the shares subject to the RSU vested. |
| 04/24/2024 | Acquisition of 50,000 Restricted Stock Units. |
| 04/25/2024 | Vesting and conversion of 33,332 Restricted Stock Units into Class B Common Stock and then Class A Common Stock. |
| 04/26/2024 | Date of Form 4 filing. |
| 11/01/2028 | Expiration date of Restricted Stock Units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.