Form 4: Rubrik's Chief Revenue Officer, Brian K. McCarthy, Executes Stock Sales Under 10b5-1 Plan

Brian K. McCarthy, Chief Revenue Officer of Rubrik, Inc., sold shares of Class A Common Stock on May 1, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Brian K. McCarthy, the Chief Revenue Officer of Rubrik, Inc., reported the sale of Class A Common Stock on May 1, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on June 27, 2024.
• A total of 24,900 shares were sold in multiple transactions at varying prices.
• The first sale involved 2,788 shares at a weighted average price of $70.8, with individual prices ranging from $70.12 to $71.10.
• The second sale consisted of 22,112 shares at a weighted average price of $71.52, with prices ranging from $71.12 to $72.09.
• An additional 100 shares were sold at $72.15.
• Following these transactions, McCarthy directly owns 554,217 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-existing 10b5-1 plan, which is a common practice. There's no indication of positive or negative implications for the company's performance.

Industry Context

Executive stock sales are a common occurrence, and sales under 10b5-1 plans are generally viewed as less impactful since they are pre-arranged. Investors often monitor these filings to gauge executive sentiment and potential insider activity.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the pre-planned nature of the transactions.

Key Dates

Keywords

Form 4, Rubrik, RBRK, Brian K. McCarthy, Chief Revenue Officer, Class A Common Stock, Rule 10b5-1, Stock Sale, SEC Filing