Mhatre Ravi

Director Mhatre Ravi sold 101,659 shares for $8.3M at Rubrik; holds 0 shares post-sale due to derivative conversion.

Mhatre Ravi, a director at Rubrik, executed 2 separate sales totaling 101,659 shares for $8,317,814.36 at a blended average price of $81.82 on 2025-12-12, leaving 0 shares of common stock post-transaction. The filing indicates a derivative-conversion transaction, meaning the insider's true position resides in Form 4 Table II (derivatives), not fully reflected in this common-stock sale alone. Notably, his prior sale at RBRK on 2025-06-30 posted a 90-day return of -8.2%, classified as well-timed (stock declined after the sale). The current stock price of $79.89 is 19.9% below the 52-week high of $99.74, consistent with the downward pattern he captured in his June sale. Rubrik remains unprofitable (net income of $-63.8M in the latest quarter) despite strong annual revenue growth of +41.2%, adding context to director-level liquidity activity at a volatile, pre-profitability-stage company.

Director Mhatre Ravi sells entire 16,984 share position in RBRK at $89.47 ($1.5M), exiting completely as stock down 14.2% in 30 days despite +49.0% 90-day gain.

Director Mhatre Ravi liquidated his complete holding of 16,984 shares (17.0K shares) at $89.47 on 2025-06-30, totaling $1,519,558.48 ($1.5M). This represents a 100% exit from his shareholding at a price $4.11 below the 52-week high of $99.74. The sale occurs against a backdrop of deteriorating near-term momentum: the stock is down 14.2% over the prior 30 days despite posting a +49.0% gain over the prior 90 days, signaling a sharp recent reversal. The company remains unprofitable (net income of $-102,104,000.00 for its most recent full fiscal year), though it delivered strong annual revenue growth of 41.2%. A complete liquidation by a director warrants close investor attention, particularly given the recent price weakness and the company's ongoing path to profitability.