MMMK Development, Inc. 4
4 · Revolve Group, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Revolve (RVLV) 10% Owner MMMK Development Sells Shares
What Happened
MMMK Development, a reported 10% owner of Revolve Group, sold a total of 17,593 shares of Revolve (through sales on Feb 11–12, 2026) for aggregate proceeds of about $459,316. The sales followed conversions of Class B common stock into an equal number of Class A shares (conversion entries show $0 cost). Breakdown: 15,645 shares sold on Feb 11 for total proceeds of $408,804 (weighted‑avg price $26.13; price range $25.86–$26.83), and 1,948 shares sold on Feb 12 for total proceeds of $50,512 (weighted‑avg price $25.93; price range $25.86–$26.10). These were sales, not purchases.
Key Details
- Transaction dates: conversions and sales on 2026-02-11 and 2026-02-12; Form 4 filed 2026-02-13 (timely).
- Shares sold: 15,645 (Feb 11) and 1,948 (Feb 12) — total 17,593 shares.
- Proceeds: $408,804 (Feb 11) + $50,512 (Feb 12) = ~$459,316.
- Prices: weighted averages reported ($26.13 and $25.93); see price ranges in filing (Feb 11: $25.86–$26.83; Feb 12: $25.86–$26.10). Reporting person will provide per‑trade breakdown on request (footnotes F3/F4).
- Footnotes of note: F1 — Class B shares convert 1:1 to Class A and conversion occurred in connection with the sales; F2 — sales executed under a Rule 10b5‑1 trading plan adopted May 29, 2025.
- Shares owned after the transactions: not specified in the provided filing excerpt.
Context
- This filing reflects institutional/large‑holder activity (a 10% owner) rather than an executive officer trade; such sales can be routine portfolio management.
- The conversion entries are not purchases — they reflect the conversion of Class B into Class A shares (no cash paid) prior to or simultaneous with the open‑market sales.
- The sales were conducted under a pre‑arranged 10b5‑1 plan, which generally indicates trades were pre‑scheduled rather than opportunistic.
Insider Transaction Report
Form 4
MMMK Development, Inc.
10% Owner
Transactions
- Conversion
Class A Common Stock
[F1]2026-02-11+15,645→ 15,645 total - Sale
Class A Common Stock
[F2][F3]2026-02-11$26.13/sh−15,645$408,804→ 0 total - Conversion
Class A Common Stock
[F1]2026-02-12+1,948→ 1,948 total - Sale
Class A Common Stock
[F2][F4]2026-02-12$25.93/sh−1,948$50,512→ 0 total - Conversion
Class B Common Stock
[F1]2026-02-11−15,645→ 30,125,767 total→ Class A Common Stock (15,645 underlying) - Conversion
Class B Common Stock
[F1]2026-02-12−1,948→ 30,123,819 total→ Class A Common Stock (1,948 underlying)
Footnotes (4)
- [F1]Shares of Class B common stock are convertible into an equal number of shares of Class A common stock at any time, at the election of the holder, and have no expiration date. On the dates indicated above, the reporting person sold the number of shares of Class B common stock indicated above, resulting in the automatic conversion of such shares into an equal number of shares of Class A common stock.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025.
- [F3]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $25.86 to $26.83, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F4]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $25.86 to $26.10, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Signature
/s/ Jodi Lumsdaine Chapin, attorney-in-fact|2026-02-13