COOP Form 4: 8,198 shares; 11 Rocket shares per Mr. Cooper
Maverick Merger Sub 2, LLC (COOP) reported a director transaction on 10/01/2025.
Rhea-AI Filing Summary
Maverick Merger Sub 2, LLC (COOP) reported a director transaction on 10/01/2025. A Form 4 shows a Code J entry tied to the closing of a merger, reflecting 8,198 shares of Mr. Cooper common stock and resulting in 0 shares beneficially owned afterward.
Per the merger terms, each Mr. Cooper share outstanding at the effective time was converted into the right to receive 11 shares of Rocket Companies Class A stock plus cash in lieu of fractional shares. The remarks note the issuer merged with and into Maverick Merger Sub 2, LLC, which survived the merger.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 8,198 shares
Other
1 txn
Insider
Jorge Daniela
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 8,198 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 31, 2025, by and among Rocket Companies, Inc. ("Rocket"), Maverick Merger Sub, Inc. ("Maverick Merger Subsidiary"), Maverick Merger Sub 2, LLC ("Forward Merger Subsidiary") and Mr. Cooper Group Inc. ("Mr. Cooper"), Maverick Merger Subsidiary was merged with and into Mr. Cooper, with Mr. Cooper as the surviving corporation (the "Maverick Merger"), and, immediately following the effective time of the Maverick Merger (the "Maverick Effective Time"), Mr. Cooper was merged with and into Forward Merger Subsidiary, with Forward Merger Subsidiary as the surviving company. At the Maverick Effective Time, each share of Mr. Cooper common stock issued and outstanding immediately prior to the Maverick Effective Time (other than certain cancelled shares) was converted into the right to receive 11 shares of Class A common stock, par value $0.00001, of Rocket, and cash in lieu of fractional shares.
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