Mente Michael 4
4 · Revolve Group, Inc. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Revolve (RVLV) CEO Michael Mente Sells 15,972 Shares
What Happened
Michael Mente, CEO of Revolve Group, sold 15,972 shares of Revolve (RVLV) on April 9, 2026 for an aggregate of $413,675 (weighted‑average price $25.90). The filing shows conversion entries (derivative securities) that resulted in the issuance of the shares sold; the net economic effect reported is a disposal (sale).
Key Details
- Transaction date: April 9, 2026. Aggregate proceeds reported: $413,675.
- Prices: weighted‑average $25.90; individual sale prices ranged from $25.86 to $25.975.
- Reported as: conversion of derivative/Class B shares and sale of the resulting Class A shares.
- Plan: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted May 29, 2025 (Footnote F3).
- Conversion note: Class B common stock converts into equal Class A shares and has no expiration; the sales caused automatic conversion of the Class B shares (Footnote F1).
- Related ownership: Reporting person is a stockholder of MMMK Development, Inc. and shares voting/dispositive power over those shares (Footnote F2).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 filed April 13, 2026 (within the typical two-business‑day reporting window for an April 9 transaction).
Context
This was a sale (not a purchase). The filing shows conversion of Class B shares (derivative conversion) into Class A shares followed by open‑market/private sales under a prearranged 10b5‑1 plan; such planned sales are common for executives managing scheduled disposals and do not, by themselves, indicate insider sentiment.
Insider Transaction Report
- Conversion
Class A Common Stock
[F1][F2]2026-04-09+15,972→ 15,972 total(indirect: By MMMK Development, Inc.) - Sale
Class A Common Stock
[F3][F4][F2]2026-04-09$25.90/sh−15,972$413,675→ 0 total(indirect: By MMMK Development, Inc.) - Conversion
Class B Common Stock
[F1][F2]2026-04-09−15,972→ 30,107,847 total(indirect: By MMMK Development, Inc.)→ Class A Common Stock (15,972 underlying)
- 73,000
Class A Common Stock
- 35,331
Class B Common Stock
[F1]→ Class A Common Stock (35,331 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 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 $25.975, 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.