Wassenaar Yvonne 4

What Happened

• Director Yvonne Wassenaar completed an open-market sale of 2,838 shares of Rubrik common stock on 2026-05-29 at $75.00 per share, generating $212,850 in proceeds. The same filing shows conversion of 2,163 derivative shares (reported as acquired at $0.00) and a related disposition entry for 2,163 derivative shares (no cash consideration), reflecting a conversion/transfer of derivative securities into common stock.

Key Details

• Transaction date: 2026-05-29.
• Sale: 2,838 shares sold at $75.00 each; total proceeds $212,850.
• Conversion: 2,163 derivative shares converted into common stock (reported at $0.00).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: (F1) Sale was effected under a Rule 10b5-1 trading plan adopted December 15, 2025. (F2) The filing explains Class B shares convert into Class A upon sale/transfer or at the holder’s option.
• Filing timeliness: Form 4 was filed 2026-06-01 for a 2026-05-29 transaction; this filing date is within the usual two-business-day reporting window.

Context

• The sale was executed under a pre-established 10b5-1 plan, which typically means the trades were scheduled in advance and are often considered routine rather than a direct signal of the insider’s near-term view on the stock. The derivative entries relate to conversion mechanics (Class B to Class A conversion) and involved no cash exchange. Purchases generally carry more weight as bullish signals; this filing documents a planned sale and conversion activity.