Herren Richard Scott 4
Research Summary
AI-generated summary
Rubrik (RBRK) Director Herren Scott Receives RSU Award
What Happened
Herren Richard Scott, a director of Rubrik, Inc. (RBRK), received a grant of 3,709 restricted stock units (RSUs) on June 3, 2026. The award was reported at $0.00 per share on the Form 4 (transaction code A), reflecting a grant rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-03; 3,709 RSUs @ $0.00 (grant).
- Shares owned after transaction: Not disclosed in the filing.
- Vesting/footnote: The RSUs vest in four equal quarterly installments on Sep 15, 2026; Dec 15, 2026; Mar 15, 2027; and Jun 15, 2027, subject to the reporting person’s continuous service on each vest date (see footnote F1).
- Filing timeliness: Reported on 2026-06-03 (same date as the transaction); no indication of a late filing.
Context
RSU grants are a form of compensation that convert into actual shares only as they vest; they are not immediate purchases and do not by themselves signal a buy-side trade. For retail investors tracking insider activity, awards are common for executives and directors and are primarily compensation-related rather than direct market bets.