RVLV - Revolve Group, Inc.

Insider Sale by Karanikolas Michael (CO-CEO, 10%)

1 Month
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Trade Summary

5 days ago, Karanikolas Michael, serving as CO-CEO, 10% owner at Revolve Group, Inc. (RVLV), sold 15,972 shares at $25.90 per share, for a total transaction value of $413,675.00. Following this transaction, Karanikolas Michael now holds 123,000 shares of RVLV.

This sale represents a 11.00% decrease in Karanikolas Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, April 9, 2026 and publicly disclosed via SEC Form 4 filing on Monday, April 13, 2026, 4 days after the trade was made.

Revolve Group, Inc. operates in the CONSUMER CYCLICAL sector, specifically within the INTERNET RETAIL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Karanikolas Michael

Karanikolas Michael

CO-CEO, 10%

Mike Karanikolas (full name Michael Karanikolas) is the Co-Founder, Co-Chief Executive Officer (Co-CEO), Chair of the Board, and Director of Revolve Group, Inc. (NYSE: RVLV), a leading online fashion and lifestyle retailer targeting Millennials and Gen Z through data-driven e-commerce and influencer marketing.[[1]](https://www.clay.com/dossier/revolve-ceo)[[2]](https://fintool.com/app/research/companies/RVLV/people/mike-karanikolas)[[3]](https://www.highperformr.ai/people/mike-karanikolas-4538164) He co-founded Revolve in 2003 with Michael Mente after working as a software engineer at NextStrat (2000-2002), investing $50,000 of their own money to launch the company without initial external funding.[[1]](https://www.clay.com/dossier/revolve-ceo)[[5]](https://www.businessoffashion.com/people/michael-mente-mike-karanikolas/) Karanikolas holds a Bachelor of Science in Computer Engineering (or Engineering) from Virginia Tech (1996-2000), which informed his development of Revolve's proprietary technology platform for trend forecasting, inventory management, and personalization.[[1]](https://www.clay.com/dossier/revolve-ceo)[[2]](https://fintool.com/app/research/companies/RVLV/people/mike-karanikolas)[[3]](https://www.highperformr.ai/people/mike-karanikolas-4538164) Focusing on finance, logistics, operations, and analytics, he complemented Mente's merchandising efforts, scaling Revolve to over $1 billion in annual sales, achieving a successful NYSE IPO in 2019, and delivering strong 2024 performance including 6% net sales growth and 60% Adjusted EBITDA growth.[[1]](https://www.clay.com/dossier/revolve-ceo)[[2]](https://fintool.com/app/research/companies/RVLV/people/mike-karanikolas)[[3]](https://www.highperformr.ai/people/mike-karanikolas-4538164)[[5]](https://www.businessoffashion.com/people/michael-mente-mike-karanikolas/) As a corporate insider, Karanikolas recently sold 194,196 shares of Class A Common Stock (converted from Class B) between January 7-9, 2026, for approximately $6.03 million under a Rule 10b5-1 plan, retaining 123,000 shares through MMMK Development, Inc., which controls ~89% of RVLV's voting power.[[4]](https://www.investing.com/news/insider-trading-news/revolve-group-ceo-karanikolas-sells-6m-in-shares-93CH-4440453)[[2]](https://fintool.com/app/research/companies/RVLV/people/mike-karanikolas) Age 46, his leadership has positioned Revolve as an industry innovator amid e-commerce challenges.[[1]](https://www.clay.com/dossier/revolve-ceo)[[2]](https://fintool.com/app/research/companies/RVLV/people/mike-karanikolas)

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Trade Price

$25.90

Quantity

15,972

Total Value

$413,675.00

Shares Owned

123,000

Trade Date

Thursday, April 9, 2026

5 days ago

SEC Filing Date

Monday, April 13, 2026

Filed 4 days after trade

CONSUMER CYCLICALINTERNET RETAIL

About Revolve Group, Inc.

Company Overview

No company information available
View news mentioning RVLV

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