Wassenaar Yvonne 4
Research Summary
AI-generated summary
Rubrik (RBRK) Director Yvonne Wassenaar Sells 721 Shares
What Happened
Yvonne Wassenaar, a director of Rubrik, sold 721 shares of Rubrik common stock in an open-market transaction on July 1, 2026. The shares were sold at $81.57 per share for a total transaction value of $58,812. This was a sale (disposition), which is often routine; purchases generally signal stronger bullish insider sentiment than sales.
Key Details
- Transaction date: July 1, 2026
- Trade type: Sale (S) — open-market or private sale reported as open-market
- Price and quantity: 721 shares at $81.57 per share
- Total value: $58,812 (as reported)
- Shares owned after transaction: Not disclosed in this Form 4 filing
- Footnote: Sale was effected pursuant to a Rule 10b5‑1 trading plan adopted December 15, 2025 (pre-arranged plan)
- Filing timeliness: Report filed for the same reporting period (no late filing indicated)
Context
A 10b5‑1 plan lets insiders sell shares according to a pre-established schedule, which can reduce the appearance that trades are based on nonpublic information. Because this sale was under a 10b5‑1 plan, it’s typically viewed as routine execution of a prearranged plan rather than a new signal about the company’s prospects.