Mente Michael 4

What Happened

• Michael Mente, CEO of Revolve Group, sold approximately 139,010 shares of Class A common stock (following automatic conversion of Class B shares) across January 26–28, 2026. The sales generated total gross proceeds of about $4,039,938 (individual proceeds: $973,420 on 1/26; $1,641,229 on 1/27; $1,419,358 and $5,931 on 1/28). The filings record conversions of Class B shares into Class A at $0 (no cash cost) immediately followed by open‑market sales.

Key Details

• Transaction dates and weighted-average prices:
  • 2026-01-26: 32,709 shares sold at $29.76 — $973,420
  • 2026-01-27: 56,419 shares sold at $29.09 — $1,641,229
  • 2026-01-28: 49,680 shares sold at $28.57 — $1,419,358
  • 2026-01-28: 202 shares sold at $29.36 — $5,931
• Total shares sold: ~139,010; total proceeds: ~$4.04M.
• Shares were Class B common stock that automatically converted into an equal number of Class A shares prior to sale (Footnote F1).
• Sales were made pursuant to a Rule 10b5‑1 trading plan adopted May 29, 2025 (Footnote F3).
• Price ranges for the multiple transactions are reported in the footnotes (rough ranges: $28.35–$30.12 across groups; see F4–F7 for ranges and offer to provide per‑trade detail).
• Ownership after the transactions is not specified in the excerpt of the filing.
• Filing: Reported Jan 28, 2026 for transactions on Jan 26–28 (filed within the usual Form 4 reporting window).

Context

• These filings reflect conversions of Class B shares to Class A (recorded as acquisitions at $0) followed by open‑market sales — not purchases or option exercises for cash. Because the sales were executed under a prearranged 10b5‑1 plan, they are routine disposition transactions rather than ad‑hoc trades; the plan detail is disclosed in the filing. The filing is informational and does not state the insider’s motivation.