Form 4: Rubrik Inc. Chief Revenue Officer Brian K. McCarthy Reports Sale of 25,000 Shares
SEC Form 4 Filing
Brian K. McCarthy, Chief Revenue Officer of Rubrik Inc., sold 25,000 shares of Class A Common Stock at an average price of $80.01 on May 13, 2025, according to a Form 4 filing.
Summary
- Brian K. McCarthy, the Chief Revenue Officer of Rubrik Inc., reported the sale of 25,000 shares of Class A Common Stock on May 13, 2025.
- The shares were sold at a weighted average price of $80.01, with individual transactions ranging from $80.00 to $80.07 per share.
- Following the reported transaction, McCarthy beneficially owns 529,584 shares of Rubrik Inc.
- The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on June 27, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral. It's a routine disclosure of an insider stock sale, executed under a pre-arranged trading plan. There's no inherent positive or negative signal.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects. A sale doesn't necessarily indicate a negative outlook, as insiders may sell for various personal financial reasons.
Stakeholder Impact
- The sale of shares by a key executive could be perceived negatively by some shareholders, potentially leading to minor short-term price fluctuations.
- However, given the pre-planned nature of the sale under Rule 10b5-1, the impact is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| June 27, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| May 13, 2025 | Date of transaction (sale of shares) |
| May 15, 2025 | Date of Form 4 filing |
Keywords
Form 4, Rubrik Inc., Brian K. McCarthy, Chief Revenue Officer, Class A Common Stock, Securities Sale, Rule 10b5-1, Insider Trading
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