Insider Cluster (2 insiders) ·Filed Jul 14, 2026

RBRK

Rubrik, Inc.
NEUTRAL
Impact 2/10
Horizonimmediate Processed2mo ago
Insider cluster: 2 insiders, $896K total
Actionable Insight • Neutral

The insider sales are immaterial in dollar terms and do not signal a change in fundamentals. Monitor for any upcoming earnings release or material corporate event that could trigger further insider activity, but this cluster alone does not warrant a trading response.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d ⚠ clustered
RBRK ▲ +10.09% at T+20d
NEUTRAL call ✓ call won +10.09% · α vs SPY +7.59% · entry $88.05 → $96.93
Next anchor: T+60d in 4d
Latest observation: T+55 -24.58% FF3 residual α
Entry anchored
Jul 13, 03:59 PM ET
via exchange tick
T+1d
-8.71%
call -8.71% · α -9.11%
$80.38
settled 3mo ago
T+5d
-11.21%
call -11.21% · α -9.91%
$78.18
settled 2mo ago
T+20d
+10.09%
call +10.09% · α +7.59%
$96.93
settled 8w ago
T+60d
—
call — · α —
—
in 4d

Price Chart

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Executive Summary

Two Rubrik insiders, Director Ravi Mhatre and CTO Arvind Nithrakashyap, sold a combined $896K in open-market sales over a 6-day window. Mhatre's sale of $331K followed a large series of non-cash derivative conversions and other transactions on July 10, while Nithrakashyap's $565K sale occurred on July 8. The total open-market sale value of $896K represents approximately 0.005% of Rubrik's $17.3B market cap, making this a trivial cluster in dollar terms. The cluster is not amplified by the cross-filing context because the non-cash transactions are zero-value events and the open-market sales are immaterial relative to company size.

Key Financial Metrics

Direction
selling
Total Value
$896.0K
Insiders
2

Key Facts

  • Director Ravi Mhatre sold 3,979 shares at $83.10 for $331K on 2026-07-13
  • CTO Arvind Nithrakashyap sold 6,700 shares at $84.02 for $565K on 2026-07-08
  • Total open-market sales: $896K, or ~0.005% of $17.3B market cap
  • Mhatre also executed 18 non-cash transactions on 2026-07-10 (derivative conversions and other dispositions) totaling 0 shares with $0 value
  • No 10b5-1 plan or regular pattern noted in the cluster data
  • Prior 30-day insider activity showed only 1 sale for $331K (likely the same Mhatre trade)

Financial Impact

Total open-market sales of $896K represent ~0.005% of market cap — trivial and routine

dilution

Risk Factors

  • Insider sales could accelerate if insiders perceive downside risk, though current cluster is too small to indicate this
  • Large derivative conversions by Mhatre suggest potential future open-market sales of converted shares

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
97% bullish (34 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-RBRK-1784102742701
23 reports for RBRK
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +27.23%Feb 28, 2026
Filters
Rows
Reports for RBRK — sortable, filterable
TypeNow
Sep 11, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$86.65 $106.71▲ +23.15%▲ +23.37%$118.58 (+36.85%)
Sep 4, 2026
28d ago
Insider Cluster
NEUTRAL ★ 2/10
$93.67 $100.20▲ +6.97%▲ +8.18%$118.58 (+26.59%)
Aug 28, 2026
4w ago
3
NEUTRAL ★ 2/10
$93.04 $91.44▼ −1.72%▼ −1.58%$118.58 (+27.45%)
Aug 5, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$84.60 $105.09▲ +24.22%▲ +23.01%$118.58 (+40.17%)
Aug 4, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$84.81 $96.73▲ +14.05%▲ +13.70%$118.58 (+39.82%)
Jul 16, 2026
11w ago
Insider Cluster
NEUTRAL ★ 4/10
$79.82 $72.63▼ −9.01%▼ −7.34%$118.58 (+48.56%)
Jul 14, 2026
11w ago
Insider Cluster
NEUTRAL ★ 2/10
$88.05 $78.18▼ −11.21%▼ −9.91%$118.58 (+34.67%)
Jul 13, 2026
11w ago
144
NEUTRAL ★ 2/10
$88.05 $78.18▼ −11.21%▼ −9.91%$118.58 (+34.67%)
Jul 8, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$88.75 $79.82▼ −10.06%▼ −9.93%$118.58 (+33.61%)
Jul 1, 2026
13w ago
Insider Cluster
NEUTRAL ★ 2/10
$83.64 $88.75▲ +6.11%▲ +5.18%$118.58 (+41.77%)
Showing 10 of 23

US Market Status

Market Closed — Opens Mon (39h 25m)

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Report published Jul 15, 2026