Karanikolas Michael 4
4 · Revolve Group, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Revolve (RVLV) CEO Michael Karanikolas Sells 17,593 Shares
What Happened Michael Karanikolas, CEO of Revolve Group, sold a total of 17,593 Class A shares (proceeds ≈ $459,316) in open-market transactions on Feb 11–12, 2026. The sales followed automatic conversions of Class B shares into Class A shares (recorded as conversions at $0.00). The larger block (15,645 shares) was sold at a weighted-average price of $26.13 for about $408,804 on Feb 11; a subsequent block (1,948 shares) was sold at a weighted-average price of $25.93 for about $50,512 on Feb 12.
Key Details
- Transaction dates: Feb 11, 2026 and Feb 12, 2026; Form filed Feb 13, 2026 (timely).
- Sales: 15,645 shares at $26.13 (weighted avg.) and 1,948 shares at $25.93 (weighted avg.); total proceeds ≈ $459,316.
- Conversions: The filing reports conversions of Class B common stock into Class A (recorded as acquisitions at $0.00 and as derivative disposals) — these conversions enabled the subsequent sales.
- Plan and ownership notes: Sales were effected under a Rule 10b5-1 trading plan adopted May 29, 2025 (F3). The reporting person has shared voting/dispositive power over shares held by MMMK Development, Inc. (F2).
- Price ranges: The filing reports the sales were executed in multiple trades at prices ranging approximately $25.86–$26.83 and $25.86–$26.10 for the respective blocks; the reporting person can provide a breakdown on request (F4, F5).
- Shares owned after the transactions: not specified in the supplied filing details.
Context
- These transactions are sales (not purchases). The conversions reflect a change of share class (Class B to Class A) rather than a cash purchase; the converted shares were then sold. Because the sales were executed under a pre-established 10b5-1 plan, they are typically considered routine disposition transactions rather than immediate signals of a change in insider sentiment.
Insider Transaction Report
Form 4
Karanikolas Michael
DirectorCO-CHIEF EXECUTIVE OFFICER10% Owner
Transactions
- Conversion
Class A Common Stock
[F1][F2]2026-02-11+15,645→ 15,645 total(indirect: By MMMK Development, Inc.) - Sale
Class A Common Stock
[F3][F4][F2]2026-02-11$26.13/sh−15,645$408,804→ 0 total(indirect: By MMMK Development, Inc.) - Conversion
Class A Common Stock
[F1][F2]2026-02-12+1,948→ 1,948 total(indirect: By MMMK Development, Inc.) - Sale
Class A Common Stock
[F3][F5][F2]2026-02-12$25.93/sh−1,948$50,512→ 0 total(indirect: By MMMK Development, Inc.) - Conversion
Class B Common Stock
[F1][F2]2026-02-11−15,645→ 30,125,767 total(indirect: By MMMK Development, Inc.)→ Class A Common Stock (15,645 underlying) - Conversion
Class B Common Stock
[F1][F2]2026-02-12−1,948→ 30,123,819 total(indirect: By MMMK Development, Inc.)→ Class A Common Stock (1,948 underlying)
Holdings
- 123,000
Class A Common Stock
Footnotes (5)
- [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 reporting person is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares held by MMMK Development, Inc.
- [F3]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.
- [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 $26.83, 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.
- [F5]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