Mente Michael 4
4 · Revolve Group, Inc. · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
Revolve (RVLV) CEO Michael Mente Sells 119,241 Shares
What Happened
- Michael Mente, CEO of Revolve Group, sold a total of 119,241 shares of Class A common stock across April 27–29, 2026, generating approximately $3,141,400 in proceeds. The reported transactions reflect the automatic conversion of Class B shares into Class A shares (no cash paid on conversion) followed by open-market sales.
- Breakdown by date: Apr 27 — converted and sold 60,923 shares at a weighted‑avg price of $26.43 for ~$1,610,195; Apr 28 — converted and sold 42,678 shares at $26.35 for ~$1,124,565; Apr 29 — converted and sold 15,640 shares at $26.00 for ~$406,640.
Key Details
- Transaction dates/prices: Apr 27–29, 2026; weighted-average sale prices were $26.43, $26.35 and $26.00 respectively. Individual trade prices ranged: Apr 27 $26.25–$26.835; Apr 28 $26.20–$26.63; Apr 29 $25.86–$26.30 (see footnotes).
- Proceeds: ~ $3.14 million total.
- Conversion note: Class B shares are convertible into an equal number of Class A shares with no expiration; conversions occurred automatically when the shares were sold (Footnote F1).
- Plan/authorization: Sales were made under a Rule 10b5‑1 trading plan adopted May 29, 2025 (Footnote F3).
- Ownership disclosure: The filing notes the reporting person is a stockholder of MMMK Development, Inc. and shares voting and dispositive power over MMMK’s shares (Footnote F2).
- Filing timeliness: Report filed Apr 29, 2026 for transactions Apr 27–29, 2026 — appears timely (Form 4 is due within two business days of the transaction).
- Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
Context
- These were sales (not purchases), so they reduce the insider’s public float but do not by themselves indicate the CEO’s view of the company’s prospects. The sales were pre‑arranged under a 10b5‑1 plan, which is commonly used to execute trades on a set schedule and can reduce the appearance of trading on nonpublic information.
- For derivative entries: no cash exercise occurred — the filings show conversion of Class B to Class A (derivative conversion) immediately followed by sale of the resulting Class A shares.
Insider Transaction Report
Form 4
Mente Michael
DirectorCO-CHIEF EXECUTIVE OFFICER10% Owner
Transactions
- Conversion
Class A Common Stock
[F1][F2]2026-04-27+60,923→ 60,923 total(indirect: By MMMK Development, Inc.) - Sale
Class A Common Stock
[F3][F4][F2]2026-04-27$26.43/sh−60,923$1,610,195→ 0 total(indirect: By MMMK Development, Inc.) - Conversion
Class A Common Stock
[F1][F2]2026-04-28+42,678→ 42,678 total(indirect: By MMMK Development, Inc.) - Sale
Class A Common Stock
[F3][F5][F2]2026-04-28$26.35/sh−42,678$1,124,565→ 0 total(indirect: By MMMK Development, Inc.) - Conversion
Class A Common Stock
[F1][F2]2026-04-29+15,640→ 15,640 total(indirect: By MMMK Development, Inc.) - Sale
Class A Common Stock
[F3][F6][F2]2026-04-29$26.00/sh−15,640$406,640→ 0 total(indirect: By MMMK Development, Inc.) - Conversion
Class B Common Stock
[F1][F2]2026-04-27−60,923→ 30,046,924 total(indirect: By MMMK Development, Inc.)→ Class A Common Stock (60,923 underlying) - Conversion
Class B Common Stock
[F1][F2]2026-04-28−42,678→ 30,004,246 total(indirect: By MMMK Development, Inc.)→ Class A Common Stock (42,678 underlying) - Conversion
Class B Common Stock
[F1][F2]2026-04-29−15,640→ 29,988,606 total(indirect: By MMMK Development, Inc.)→ Class A Common Stock (15,640 underlying)
Holdings
- 73,000
Class A Common Stock
- 35,331
Class B Common Stock
[F1]→ Class A Common Stock (35,331 underlying)
Footnotes (6)
- [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 $26.25 to $26.835, 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 $26.20 to $26.63, 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.
- [F6]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 $26.30, 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|2026-04-29