Director John Wendell Thompson filed a Form 4 with the SEC on November 3, 2026, disclosing multiple sales and a stock option exercise involving Rubrik, Inc. (NYSE:RBRK) Class A Common Stock on November 2, 2026.

Key Highlights

  • Trust shares sold: 2,500 shares of Class A Common Stock were disposed of from the John and Sandra Thompson Trust across six transactions, at weighted average prices ranging from $114.62 to $122.82 per share.
  • Direct shares sold: 11,000 shares were converted via a stock option exercise (transaction code C/M), and 11,000 additional directly held shares were then sold across eight transactions at weighted average prices ranging from $114.55 to $122.37 per share.
  • Option exercised: A stock option with an exercise price of $4.38, covering 11,000 shares of Class B Common Stock, was exercised on November 2, 2026, with an expiration date of January 21, 2028.
  • Post-transaction direct holdings: Following all reported transactions, Thompson directly held 8,362 shares of Class A Common Stock.
  • Post-transaction indirect holdings: The John and Sandra Thompson Trust held 2,500 shares of Class A Common Stock following the reported transactions.
  • Rule 10b5-1 plan: According to the filing, all sales were effected pursuant to a Rule 10b5-1 trading plan adopted October 6, 2025.

Thompson's November 2 Transactions in Rubrik Class A Common Stock

According to the filing, John Wendell Thompson, a director of Rubrik, Inc. (NYSE:RBRK), reported a series of transactions in Class A Common Stock on November 2, 2026. Sales from the John and Sandra Thompson Trust totaled 2,500 shares across six tranches, with weighted average prices of $114.62, $116.12, $117.91, $118.79, $120.04, and $122.82 per share. The filing notes that many of these prices represent weighted averages of multiple sub-transactions within stated price ranges, and Thompson undertakes to provide full per-share detail upon request.

Separately, the filing discloses that Thompson exercised a stock option covering 11,000 shares of Class B Common Stock at an exercise price of $4.38, which were then converted to Class A Common Stock at $0 cost and subsequently sold in eight tranches at weighted average prices ranging from $114.55 to $122.37 per share. Following all reported transactions, Thompson's direct beneficial ownership stood at 8,362 shares of Class A Common Stock, while the John and Sandra Thompson Trust held 2,500 shares indirectly. The filing also reflects 44,946 stock options and 50,001 shares of Class B Common Stock held directly after the reported derivative transactions.

The filing states that Thompson serves as co-trustee of the John and Sandra Thompson Trust and shares voting and dispositive power over trust shares with his spouse. All sales reported in the filing were described as effected pursuant to a Rule 10b5-1 trading plan adopted on October 6, 2025.

What Was Disclosed

The Form 4 discloses sales and an option exercise by Rubrik director John Wendell Thompson on November 2, 2026, covering Class A Common Stock held both directly and through the John and Sandra Thompson Trust, all conducted under a pre-established Rule 10b5-1 trading plan.