Rubrik director John Thompson sells $1.2 million in Class A shares

On September 1, 2026, Rubrik director John Thompson divested $1.2 million worth of Class A shares, according to wire material. Thompson, who owns 10% of Rubrik, sold 13,500 shares totaling the amount. The trading took place amid a 68% surge in RBRK's stock, which is now trading near the upper limit of Thompson's selling range. Prices for the 13,500 shares ranged from $88.34 to $92.37 per share.

Of the total shares sold, Thompson and his spouse jointly sold 2,500 shares through the John and Sandra Thompson Trust, while Thompson himself sold 11,000 shares directly. Additionally, Thompson used options to buy 11,000 Class B shares, which were then converted into Class A shares. Following the sale, Thompson owned 8,362 shares of Class A stock directly and 7,500 shares indirectly through the trust.

He also holds 66,946 stock options and 815,338 shares of Class B stock indirectly via the trust. Rubrik Inc. reported strong second-quarter fiscal 2027 results, exceeding analysts' expectations in revenue, subscription ARR, operating income, and free cash flow. Several analyst firms have since adjusted their price targets for Rubrik, reflecting a positive outlook for the company's continued growth.