Karanikolas Michael, co-CEO of Revolve Group (RVLV), has demonstrated a consistent pattern of selling company shares over the past several months, with no recorded purchases in the same period. Since December 2025, Michael has executed 14 sales totaling approximately $21.9 million, with transactions ranging from $5,930 to $2.51 million. The largest single sale occurred on December 18, 2025, when he disposed of shares worth $2.51 million, followed by another $2.26 million sale the next day. More recently, in February 2026, he continued the trend with sales of $408,803 on February 11 and $50,511 on February 12.
The transactions suggest a clear divestment strategy, as Michael has not acquired any RVLV shares during this period. The sales appear structured, with multiple transactions occurring in close succession—such as the $1.64 million and $1.42 million sales on January 27 and 28, 2026, respectively. While the filings do not indicate whether these sales were part of a prearranged trading plan, the consistency and scale of the disposals highlight a significant reduction in his stake in Revolve Group. The absence of any buying activity reinforces a one-sided trend, though the reasons behind the sales remain undisclosed in the SEC filings.
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