The insider cluster is noise — two directors selling tiny positions around option exercise dates is standard portfolio management. With 97% analyst bullishness and no C-suite participation, these sales carry no bearish signal. Monitor for any C-suite insider sales above 0.5% of market cap for a real signal.
Price Chart
Executive Summary
Two directors at Rubrik sold a combined $343K in open-market stock over the past week, including one sale at a $82 price substantially above the current valuation. Director Thompson also exercised and converted derivatives with zero cash cost, then sold a small portion for liquidity. The total selling is trivial relative to Rubrik's $16.5B market cap (0.002%), and the sales lack C-suite participation, making them routine diversification.
Key Financial Metrics
Key Facts
- Director Mhatre sold 3,979 shares for $284K at $71.49 on 2026-06-26
- Director Wassenaar sold 721 shares for $59K at $81.57 on 2026-07-01
- Director Thompson converted/exercised 33,000 derivative shares at $0 cost (non-cash), then sold only 700 shares for $57K — net liquidity trade
- Total open-market selling of $343K equals ~0.002% of $16.5B market cap
- No CEO, CFO, or other C-suite officers participated in the selling
Financial Impact
Trivial — total consideration of $343,000 is less than 0.003% of market capitalization
Risk Factors
- None from this insider activity alone — aggregate dollar quantum is immaterial
- Recent 13F trimming by 8 of 19 institutional holders warrants broader monitoring
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RBRK-1782950456720 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | Insider Cluster | $86.65 $106.71 | ▲ +23.15% | ▲ +23.37% | $118.58 (+36.85%) |
Sep 4, 2026 28d ago | Insider Cluster | $93.67 $100.20 | ▲ +6.97% | ▲ +8.18% | $118.58 (+26.59%) |
Aug 28, 2026 4w ago | 3 | $93.04 $91.44 | ▼ −1.72% | ▼ −1.58% | $118.58 (+27.45%) |
Aug 5, 2026 8w ago | Insider Cluster | $84.60 $105.09 | ▲ +24.22% | ▲ +23.01% | $118.58 (+40.17%) |
Aug 4, 2026 8w ago | Insider Cluster | $84.81 $96.73 | ▲ +14.05% | ▲ +13.70% | $118.58 (+39.82%) |
Jul 16, 2026 11w ago | Insider Cluster | $79.82 $72.63 | ▼ −9.01% | ▼ −7.34% | $118.58 (+48.56%) |
Jul 14, 2026 11w ago | Insider Cluster | $88.05 $78.18 | ▼ −11.21% | ▼ −9.91% | $118.58 (+34.67%) |
Jul 13, 2026 11w ago | 144 | $88.05 $78.18 | ▼ −11.21% | ▼ −9.91% | $118.58 (+34.67%) |
Jul 8, 2026 12w ago | Insider Cluster | $88.75 $79.82 | ▼ −10.06% | ▼ −9.93% | $118.58 (+33.61%) |
Jul 1, 2026 13w ago | Insider Cluster | $83.64 $88.75 | ▲ +6.11% | ▲ +5.18% | $118.58 (+41.77%) |
US Market Status
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