Key facts
- This page summarizes Bipul Sinha's Form 4 filing for Rubrik, Inc. (RBRK).
- 6 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 13 Dec 2024, 17:50.
Bipul Sinha - 13 Dec 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)
- Reporting relationship
- Chairman of the Board and CEO, Director, 10%+ Owner
- Issuer ticker
- RBRK
- Reported as of
- 13 Dec 2024
- Net transaction value
- -$81,355,260
- SEC form
- 4
- Accepted by SEC
- 13 Dec 2024, 17:50:24 UTC
- Prior SEC filing
- 01 May 2024
- Next SEC filing
- 12 Sep 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Larry Guo, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Bipul Sinha filed Form 4 for Rubrik, Inc. (RBRK) on 13 Dec 2024.
Change
- Previous filing in this sequence was filed on 01 May 2024.
- Current net transaction value: -$81,355,260.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RBRK
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,500,082
- Change %
- +4791%
- Price
- Shares after
- 1,531,394
- Date
- 13 Dec 2024
- Ownership
- Direct
- Footnotes
- F1
RBRK
transaction
Class A Common Stock
Sale
- Transaction value
- $81,355,260
- Shares
- -1,158,082
- Change %
- -76%
- Price
- $70.25
- Shares after
- 373,312
- Date
- 13 Dec 2024
- Ownership
- Direct
- Footnotes
- F2
RBRK
transaction
Class A Common Stock
Gift
- Transaction value
- $0
- Shares
- -342,000
- Change %
- -92%
- Price
- $0.000000
- Shares after
- 31,312
- Date
- 13 Dec 2024
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RBRK
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,158,082
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 13 Dec 2024
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 1,158,082
- Exercise price
- Footnotes
- F3, F4
RBRK
transaction
Derivative
Class B Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,158,082
- Change %
- +9.4%
- Price
- $0.000000
- Shares after
- 13,500,728
- Date
- 13 Dec 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,158,082
- Exercise price
- Footnotes
- F1
RBRK
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,500,082
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 12,000,646
- Date
- 13 Dec 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,500,082
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock is also convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. Represents conversions of shares of Class B Common Stock into shares of Class A Common Stock prior to the execution of the block sale and gifts described in the "Remarks" section of this report.
Footnote F2
Represents the sale of Block Shares (as defined below) by the Reporting Person as described in the "Remarks" section of this report.
Footnote F3
Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Class B Common Stock.
Footnote F4
The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: all of the shares subject to the RSU will vest upon the Issuer's achievement of a specified average price per share prior to the expiration of the RSU award, subject to the Reporting Person subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
SEC remarks
On December 13, 2024, Mr. Sinha, the Reporting Person, executed a block sale of 1,158,082 shares of Class A common stock (the "Block Shares") at $70.25 per share, following receipt by the Reporting Person of the Block Shares upon the vesting and settlement of the Reporting Person's performance-based restricted stock units (the "PSU"), which were initially granted in May 2018. A majority of the proceeds from the sale of the Block Shares was used to satisfy tax withholding obligations due upon the settlement of the applicable tranche of the PSU. In addition, on December 13, 2024, the Reporting Person executed gifts of a total of 342,000 shares of Class A common stock, upon conversion of an equal number of shares of Class B common stock previously held by the Reporting Person.