Revolve Group (NYSE: RVLV) co-CEO entity sells stock under 10b5-1 plan
Rhea-AI Filing Summary
Revolve Group, Inc. insider activity centers on an entity linked to co-CEO Michael Mente. MMMK Development, Inc., where Mente has shared voting and dispositive power, converted Class B common stock into Class A shares and then sold those Class A shares.
On February 11, 2026, MMMK Development, Inc. converted 15,645 shares of Class B common stock into the same number of Class A shares at $0 conversion cost, then sold 15,645 Class A shares at a weighted-average price of $26.13 under a Rule 10b5-1 trading plan adopted on May 29, 2025.
On February 12, 2026, it similarly converted 1,948 Class B shares into 1,948 Class A shares at $0 and sold 1,948 Class A shares at a weighted-average price of $25.93. Following these transactions, MMMK Development, Inc. continued to indirectly hold derivative interests in over 30 million shares of Class B stock, and Mente also directly held 35,331 Class B and 73,000 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 1,948 | $0.00 | -- |
| Conversion | Class A Common Stock | 1,948 | $0.00 | -- |
| Sale | Class A Common Stock | 1,948 | $25.93 | $51K |
| Conversion | Class B Common Stock | 15,645 | $0.00 | -- |
| Conversion | Class A Common Stock | 15,645 | $0.00 | -- |
| Sale | Class A Common Stock | 15,645 | $26.13 | $409K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Shares of Class B common stock are convertible into an equal number of shares of Class A common stock at any time, at the election of the holder, and have no expiration date. On the dates indicated above, the reporting person sold the number of shares of Class B common stock indicated above, resulting in the automatic conversion of such shares into an equal number of shares of Class A common stock. The reporting person is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares held by MMMK Development, Inc. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $25.86 to $26.83, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $25.86 to $26.10, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
FAQ
What insider transactions did Michael Mente report for Revolve Group (RVLV)?
At what prices were the Revolve Group (RVLV) insider sales executed?
Were the Revolve Group (RVLV) insider sales under a Rule 10b5-1 plan?