Revolve Group, Inc.·4

Feb 13, 6:31 PM ET

Mente Michael 4

Research Summary

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Revolve (RVLV) CEO Michael Mente Sells 17,593 Shares

What Happened

  • Michael Mente, CEO of Revolve Group, sold a total of 17,593 shares (15,645 on Feb 11 and 1,948 on Feb 12, 2026) for aggregate proceeds of about $459,316. The filings show conversions of the reporting person's Class B common stock into Class A shares (recorded as derivative conversions at $0) and immediate open‑market sales of those resulting Class A shares.
  • The weighted‑average sale prices reported were about $26.13 on Feb 11 (15,645 shares, ~$408,804) and $25.93 on Feb 12 (1,948 shares, ~$50,512). The sales were effected under a Rule 10b5‑1 trading plan.

Key Details

  • Transaction dates and prices: Feb 11, 2026 — 15,645 shares at a weighted avg ~$26.13 (price range reported $25.86–$26.83); Feb 12, 2026 — 1,948 shares at a weighted avg ~$25.93 (price range reported $25.86–$26.10).
  • Total proceeds: approximately $459,316.
  • Shares owned after transaction: not disclosed in the supplied details of this Form 4.
  • Notable footnotes: sales were pursuant to a 10b5‑1 plan adopted May 29, 2025 (F3); Class B shares convert into equal Class A shares and were converted in connection with the sales (F1); reporting person shares voting/dispositive power over shares held by MMMK Development, Inc. (F2). The filer offers to provide breakdowns of the multiple sale prices on request (F4, F5).
  • Filing timeliness: Form filed Feb 13, 2026 for transactions on Feb 11–12 — appears to be timely.

Context

  • These entries reflect conversion of convertible Class B shares into Class A shares and immediate sales, not a cash exercise of options. The use of a 10b5‑1 plan indicates the sales were pre‑planned and scheduled, which can suggest the transactions followed an automated plan rather than a spontaneous trade based on current company news.
  • Sales by insiders are common and can be for many personal reasons; they do not by themselves indicate management sentiment about the company’s outlook.