2 hours ago
1
Cory Renauer, The Motley Fool
Mon, April 20, 2026 astatine 8:53 AM CDT 4 min read
On April 9, 2026, Revolve Group (NYSE:RVLV) Co-Chief Executive Officer Michael Mente reported the indirect merchantability of 15,972 shares of Class A communal banal for a full worth of astir $414,000, arsenic disclosed successful the SEC Form 4 filing.
| Shares sold (indirect) | 15,972 | Indirect open-market shares sold (code 'S') successful this filing |
| Transaction value | $413,675 | Based connected SEC Form 4 weighted mean acquisition terms ($25.90) |
| Post-transaction Class A shares (direct) | 73,000 | Directly held Class A shares aft transaction completion |
| Post-transaction Class A shares (indirect) | Indirectly held Class A shares aft transaction completion | |
| Post-transaction Class B shares (indirect) | 30,107,847 | Indirectly held Class B shares aft transaction completion |
Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($25.90); post-transaction worth based connected April 9, 2026, marketplace adjacent ($25.90).
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What was the operation and discourse of this transaction?
This was an indirect merchantability of Class A shares, wherever the shares were primitively held arsenic Class B and converted to Class A instantly earlier being sold by MMMK Development, Inc., successful enactment with a Rule 10b5-1 program adopted May 29, 2025. -
How did this merchantability impact Michael Mente's ownership position?
Following the transaction, Mente's indirect Class A holdings were reduced to zero, leaving him with 73,000 straight held Class A shares, but his aggregate economical involvement remains important owed to his ongoing Class B holdings. -
How does the transaction size comparison to Mente's humanities selling activity?
This 15,972-share merchantability is considerably smaller than Mente's mean humanities sell-only transaction size (~153,000 shares), reflecting a crisp simplification successful disposable Class A stock capableness aft ongoing conversions and sales. -
What is the interaction connected Mente's wide equity vulnerability to Revolve Group?
Despite the simplification successful Class A holdings, Mente continues to power 30,143,178 Class B shares (including nonstop and indirect holdings), preserving his important voting and economical vulnerability to the company.
| Revenue (TTM) | $1,225.7 million |
| Net income (TTM) | $61.7 million |
| Employees | 1,632 |
| 1-year terms change | 37.9% |
* 1-year terms alteration calculated utilizing April 9, 2026, arsenic the notation date.
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Offers women's apparel, footwear, accessories, and quality products done established, emerging, and owned brands, including a luxury conception via FWRD.
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Operates a digital-first retail model, generating gross chiefly done nonstop online income to consumers, leveraging influencer partnerships, and proprietary marque development.
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Targets fashion-forward consumers, with a superior absorption connected millennial and Gen Z women successful the United States and prime planetary markets.
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