Rubrik CTO Arvind Nithrakashyap sells $4.5M in company stock

Chief Technology Officer and director Arvind Nithrakashyap at Rubrik, Inc. (NYSE:RBRK) sold $4.5 million worth of company stock in three transactions over early November 2026. The insider trades, executed under a pre-approved Rule 10b5-1 trading plan, were spread out across November 2, 3, and 4. Over the course of those three days, Nithrakashyap disposed of 38,790 shares of Rubrik's Class A common stock.

The share price ranged during this period, from $114.17 to $122.42 per share. Notably, Nithrakashyap also converted $0 for 12,820 shares of Class B common stock into an equivalent amount of Class A stock each day during this period. This convertion brought his direct ownership to 272,538 shares of Class A stock, in addition to an indirect stake of 200,000 shares through his Nithrakashyap/Chatterjee Revocable Trust.

Analysts are mixed on Rubrik's current valuation, with some suggesting it is overpriced given its 11% decline in the past week and 64% increase over the past year.