---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-140729"
form_type: "8-K"
ticker: "RBRK"
cik: "0001943896"
company_name: "Rubrik, Inc."
filed_at: "2025-06-13T23:59:59+00:00"
generated_at: "2026-05-19T09:16:52.662571+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rubrik closes $1.15B convertible note offering; proceeds to repay debt and fund capped calls

## Summary
- Issued $1.15B aggregate principal amount of 0.00% Convertible Senior Notes due 2030, including full exercise of $150M greenshoe.
- Initial conversion price $124.76/share, ~42.5% premium to June 10 close of $87.55; capped call cap at $175.10/share.
- Net proceeds ~$1.13B; used $88.6M for capped calls, repaid $327.9M credit facility, remainder for general corp purposes.
- Notes mature June 15, 2030; no regular interest; redeemable after June 20, 2028 if stock price >= 130% of conversion price.
- Entered into capped call transactions to reduce potential dilution upon conversion of the notes.

## SEC filing metadata
- accession: 0001193125-25-140729
- form_type: 8-K
- ticker: RBRK
- cik: 0001943896
- company_name: Rubrik, Inc.
- filed_at: 2025-06-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1943896/000119312525140729/0001193125-25-140729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1943896/000119312525140729/d920850d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-140729
- JSON: https://secwatch.observer/filing/0001193125-25-140729.json
- Plain text: https://secwatch.observer/filing/0001193125-25-140729.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.