Wassenaar Yvonne 4
4 · Rubrik, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Rubrik (RBRK) Director Yvonne Wassenaar Sells 721 Shares
What Happened Yvonne Wassenaar, a director of Rubrik, sold 721 shares in an open‑market transaction on June 3, 2026 at $80.73 per share, generating proceeds of $58,206. The same filing shows conversion of 721 derivative shares (reported at $0) and a grant of 3,709 restricted stock units (RSUs) reported as acquired at $0.00.
Key Details
- Transaction date: 2026-06-03.
- Sale: 721 shares sold at $80.73 each for total proceeds of $58,206.
- Conversions/grant: 721 shares reported as conversion of a derivative security (zero price) and a grant of 3,709 RSUs (zero price).
- RSU vesting (Footnote F2): the 3,709 RSUs vest in four equal quarterly installments on 9/15/2026, 12/15/2026, 3/15/2027 and 6/15/2027, subject to continued service.
- 10b5-1 plan (Footnote F1): the sale was executed under a Rule 10b5-1 trading plan adopted December 15, 2025.
- Class conversion note (Footnote F3): each Class B share can convert into one Class A share upon sale/transfer or at the holder’s option; the filing’s conversion entries relate to this structure.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing timeliness: Reported on 2026-06-03 (period of report 2026-06-03) — appears timely.
Context The sale was preplanned under a Rule 10b5-1 plan, which means it was an automated, pre‑arranged trade rather than an ad‑hoc decision. The RSU grant will vest over a year and does not represent immediately transferable shares. The conversion entries reflect internal conversion mechanics (e.g., Class B to Class A conversion) rather than a cash purchase.
Insider Transaction Report
- Conversion
Class A Common Stock
2026-06-03+721→ 3,047 total - Sale
Class A Common Stock
[F1]2026-06-03$80.73/sh−721$58,206→ 2,326 total - Award
Class A Common Stock
[F2]2026-06-03+3,709→ 6,035 total - Conversion
Class B Common Stock
[F3]2026-06-03−721→ 33,116 total→ Class A Common Stock (721 underlying)
Footnotes (3)
- [F1]This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted December 15, 2025.
- [F2]Represents the grant of restricted stock units ("RSUs") that will vest over a one-year period, in four (4) successive equal quarterly installments on each of September 15, 2026, December 15, 2026, March 15, 2027 and June 15, 2027, subject to the reporting person's continuous service with the Issuer on each such vest date.
- [F3]Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date.