Mr. Cooper (COOP) Form 4: Director Disposes 1,329 Shares Post-Merger

Andrew Bon Salle, a director, reported a sale of 1,329 shares of Mr. Cooper Group Inc. (COOP) on 10/01/2025, leaving him with 0 shares following the transaction.

Rhea-AI Filing Summary

Andrew Bon Salle, a director, reported a sale of 1,329 shares of Mr. Cooper Group Inc. (COOP) on 10/01/2025, leaving him with 0 shares following the transaction. The Form 4 is signed by an attorney-in-fact on 10/03/2025. The filing notes that the reported activity occurred in connection with a merger under an Agreement and Plan of Merger dated March 31, 2025, under which Maverick Merger Sub 2, LLC merged with and into Mr. Cooper and, immediately following, Mr. Cooper merged into Forward Merger Subsidiary, with Forward Merger Subsidiary surviving.

At the merger effective time, each share of Mr. Cooper common stock outstanding immediately prior to the effective time was converted into the right to receive 11 shares of Rocket Companies, Inc. Class A common stock and cash in lieu of fractional shares. The Form 4 reports the disposal and cites the merger-related conversion in the explanatory footnote.

Positive

• Maverick merger completed with explicit conversion terms: 11 shares of Rocket per Mr. Cooper share
• Form 4 includes an explanatory footnote that clearly ties the disposition to the March 31, 2025 merger agreement

Negative

• Director Andrew Bon Salle reported a disposition of 1,329 shares, leaving 0 shares beneficially owned
• The filing reflects a change in the issuer and security form requiring holders to accept stock of Rocket Companies, Inc. and cash for fractions

Insights

Corporate Transactions Lawyer

Insider sale recorded as part of merger conversion activity.

The Form 4 documents a reported disposition of 1,329 shares by director Andrew Bon Salle on 10/01/2025, with beneficial ownership reduced to 0.

The explanatory footnote explicitly ties the transaction to the completed merger under the March 31, 2025 Agreement and Plan of Merger, which converted each Mr. Cooper share into 11 shares of Rocket Class A stock plus cash for fractional amounts. The filing and footnote are factual; no governance or compliance irregularity is stated.

Equity Markets Compliance Analyst

Form 4 shows post-merger disposition and a change in security form.

The entry uses transaction code J, indicating a disposition due to a corporate transaction, and the filing records the resulting 0 shares owned by the reporting person after the conversion.

This is a routine disclosure following a merger-driven conversion and distribution; the form is signed by an attorney-in-fact on 10/03/2025 and contains the required explanatory language linking the sale to the merger.

Insider Trade Summary

Other: 1,329 shares

Other 1 txn

Insider Bon Salle Andrew

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	1,329	$0.00	$0.00

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the Form 4 filed for COOP report?

The Form 4 reports that director Andrew Bon Salle disposed of 1,329 shares on 10/01/2025, leaving him with 0 shares.

Why was the disposition recorded as transaction code J on the Form 4?

The filing states the disposition occurred in connection with a corporate transaction — the Maverick merger — which converted Mr. Cooper shares into Rocket stock and cash.

What were the conversion terms disclosed in the filing?

Each share of Mr. Cooper common stock outstanding immediately prior to the effective time was converted into the right to receive 11 shares of Rocket Companies, Inc. Class A common stock plus cash in lieu of fractional shares.

Who signed the Form 4 and when?

The Form 4 was signed by an attorney-in-fact, Katherine K. Connell, on 10/03/2025.

Does the Form 4 state the reporting person's relationship to the issuer?

Yes; the reporting person, Andrew Bon Salle, is identified as a Director of the issuer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/03/2025 - 04:34 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Bon Salle Andrew

(Last) (First) (Middle)

8950 CYPRESS WATERS BLVD.

(Street)

COPPELL TX 75019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Maverick Merger Sub 2, LLC [ COOP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		J		1,329(1)	D	(1)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

IN CONNECTION WITH THE COMPLETION OF THE TRANSACTIONS NOTED IN FOOTNOTE 1, ISSUER MERGED WITH AND INTO MAVERICK MERGER SUB 2, LLC, WITH MAVERICK MERGER SUB 2, LLC SURVIVING THE MERGER.

	/s/Katherine K. Connell, Attorney-in-Fact	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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