Form 4: Rubrik Inc. Chief Revenue Officer Brian K. McCarthy Sells Shares Under 10b5-1 Trading Plan

Brian K. McCarthy, Chief Revenue Officer of Rubrik Inc., executed multiple sales of Class A Common Stock on March 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 3, 2025, Brian K. McCarthy, the Chief Revenue Officer of Rubrik Inc., sold shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on June 27, 2024.
• A total of 24,990 shares were sold at prices ranging from $61.31 to $67.85.
• Following the transactions, McCarthy directly owns 356,043 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is neutral as it reports routine stock sales under a pre-arranged trading plan. There is no indication of positive or negative sentiment.

Risks

• Executive stock sales can sometimes be perceived negatively by investors, potentially impacting the stock price, although sales under a 10b5-1 plan are generally viewed as less concerning.

Industry Context

Executive stock sales are a common occurrence, and the use of 10b5-1 trading plans is a standard practice to avoid accusations of insider trading. Investors often monitor these filings to gauge executive sentiment and potential future stock performance.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders if it creates downward pressure on the stock price, although this is less likely given the pre-planned nature of the transactions.

Key Dates