STOCK TITAN

[Form 4] Mr. Cooper Group Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

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.

Andrew Bon Salle, un direttore, ha riportato una vendita di 1.329 azioni di Mr. Cooper Group Inc. (COOP) il 01/10/2025, lasciandolo con 0 azioni dopo la transazione. Il Modulo 4 è firmato da un procuratore autorizzato il 03/10/2025. La documentazione segnala che l'attività riportata è avvenuta in relazione a una fusione secondo un Accordo e Piano di Fusione datato 31 marzo 2025, in base al quale Maverick Merger Sub 2, LLC si è fusa con ed in Mr. Cooper e, immediatamente dopo, Mr. Cooper si è fusa in Forward Merger Subsidiary, con Forward Merger Subsidiary che è sopravvissuta.

Alla data di efficacia della fusione, ogni azione di azioni ordinarie Mr. Cooper in circolazione immediatamente prima della data di efficacia è stata convertita nel diritto di ricevere 11 azioni di Rocket Companies, Inc. Class A ordinarie e contanti in luogo di azioni frazionate. Il Modulo 4 riporta la cessione e cita la conversione legata alla fusione nella nota a piè di pagina esplicativa.

Andrew Bon Salle, un director, informó la venta de 1.329 acciones de Mr. Cooper Group Inc. (COOP) el 01/10/2025, dejándolo con 0 acciones tras la operación. El Formulario 4 está firmado por un procurador autorizado el 03/10/2025. El archivo señala que la actividad reportada ocurrió en relación con una fusión bajo un Acuerdo y Plan de Fusión fechado el 31 de marzo de 2025, en virtud del cual Maverick Merger Sub 2, LLC se fusionó con Mr. Cooper y, inmediatamente después, Mr. Cooper se fusionó con Forward Merger Subsidiary, siendo Forward Merger Subsidiary la entidad sobreviviente.

En el momento de la vigencia de la fusión, cada acción ordinaria de Mr. Cooper en circulación justo antes de la hora efectiva se convirtió en el derecho a recibir 11 acciones de Rocket Companies, Inc. Class A y efectivo en lugar de acciones fraccionarias. El Formulario 4 reporta la venta y cita la conversión relacionada con la fusión en la nota explicativa al pie.

Andrew Bon Salle, 감독으로서, Mr. Cooper Group Inc. (COOP)1,329주를 2025-10-01에 매도했다고 보고하였으며, 그로 인해 거래 후 0주가 남았습니다. Form 4는 2025-10-03에 대리인에 의해 서명되었습니다. 제출서는 보고된 활동이 2025년 3월 31일로 기재된 합의 및 합병 계획에 따른 합병과 관련하여 발생했다고 노트하며, 그 계획에 따라 Maverick Merger Sub 2, LLC가 Mr. Cooper와 합병하고, 직후 Mr. Cooper가 Forward Merger Subsidiary와 합병하여 Forward Merger Subsidiary가 생존하였다고 명시합니다.

합병 발효 시점에, 발효 직전 Mr. Cooper의 보통주가 각 주당 11주의 Rocket Companies, Inc. Class A 보통주로 받을 권리로 전환되었으며, 부분 주 수를 대신해 현금으로 지급되었습니다. Form 4는 매도 내역을 보고하고 합병 관련 전환을 설명 각주에 인용합니다.

Andrew Bon Salle, un directeur, a signalé la vente de 1 329 actions de Mr. Cooper Group Inc. (COOP) le 01/10/2025, le laissant avec 0 actions après la transaction. Le formulaire 4 est signé par un mandataire le 03/10/2025. Le dépôt indique que l’activité déclarée est survenue dans le cadre d’une fusion selon un Accord et Plan de Fusion daté du 31 mars 2025, selon lequel Maverick Merger Sub 2, LLC a fusionné avec Mr. Cooper et, immédiatement après, Mr. Cooper a fusionné avec Forward Merger Subsidiary, Forward Merger Subsidiary survivant.

Au moment de l’effet de la fusion, chaque action ordinaire de Mr. Cooper en circulation immédiatement avant l’heure d’effet a été convertie en droit de recevoir 11 actions de Rocket Companies, Inc. Class A et des espèces en lieu des actions fractionnaires. Le formulaire 4 déclare la cession et mentionne la conversion liée à la fusion dans la note explicative en pied de page.

Andrew Bon Salle, ein Direktor, meldete den Verkauf von 1.329 Aktien der Mr. Cooper Group Inc. (COOP) am 01.10.2025, wodurch er nach der Transaktion 0 Aktien hielt. Das Formular 4 ist von einem Vormund/Bevollmächtigten am 03.10.2025 unterschrieben. Die Einreichung vermerkt, dass die berichtete Aktivität im Zusammenhang mit einer Fusion gemäß einer Vereinbarung und eines Fusionsplans vom 31. März 2025 stattfand, wonach Maverick Merger Sub 2, LLC mit Mr. Cooper verschmolz und unmittelbar darauf Mr. Cooper mit Forward Merger Subsidiary verschmolz, wobei Forward Merger Subsidiary überlebte.

Zum Zeitpunkt der Wirksamkeit der Fusion wurde jede vor der Wirksamkeit ausgegebene Mr. Cooper-Stammaktie in das Recht umgewandelt, 11 Aktien von Rocket Companies, Inc. Class A-Stammaktien sowie Bargeld statt fractional shares zu erhalten. Das Formular 4 berichtet über den Verkauf und verweist in der erläuternden Fußnote auf die fusionbedingte Umwandlung.

أندرو بون سال، مدير، أبلغ عن بيع 1,329 سهماً من Mr. Cooper Group Inc. (COOP) في 01/10/2025، مما تركه بــ0 أسهم بعد الصفقة. تم توقيع النموذج 4 من قبل محامٍ وكيلاً في 03/10/2025. تشير الموافقة إلى أن الأنشطة المبلغ عنها تمت في سياق اندماج بموجب اتفاق وخطة اندماج مؤرخة بـ 31 مارس 2025، وفقاً له اندمجت Maverick Merger Sub 2, LLC مع Mr. Cooper، وبعد ذلك اندمج Mr. Cooper مع Forward Merger Subsidiary، وبقاء Forward Merger Subsidiary ككيان باقٍ.

في وقت سريان الاندماج، تم تحويل كل سهم عادي قائم من Mr. Cooper قبل وقت السريان إلى حق الحصول على 11 سهماً من Rocket Companies, Inc. من فئة A، ومبالغ نقدية بدلاً من الأسهم الجزئية. يورد النموذج 4 البيع ويشير إلى التحويل المرتبط بالاندماج في الحاشية التفسيرية.

Andrew Bon Salle,一名董事,于2025-10-01报告出售了1,329Mr. Cooper Group Inc. (COOP)的股票,交易后持有0股。该表格4由一名<...>经授权的代理人签署,日期为2025-10-03。 filing 指出所报告的活动与一项于2025年3月31日签署的《合并协议及合并计划》有关,根据该协议,Maverick Merger Sub 2, LLC 与 Mr. Cooper 合并,随后 Mr. Cooper 又与 Forward Merger Subsidiary 合并,Forward Merger Subsidiary 成为存续实体。

在合并生效时点,生效前立即生效的 Mr. Cooper 普通股每股被转换为获得Rocket Companies, Inc. Class A 普通股<11 股以及对无整股的现金支付。Form 4 记录了处置并在解释性脚注中提及与合并相关的转换。

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

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.

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.

Andrew Bon Salle, un direttore, ha riportato una vendita di 1.329 azioni di Mr. Cooper Group Inc. (COOP) il 01/10/2025, lasciandolo con 0 azioni dopo la transazione. Il Modulo 4 è firmato da un procuratore autorizzato il 03/10/2025. La documentazione segnala che l'attività riportata è avvenuta in relazione a una fusione secondo un Accordo e Piano di Fusione datato 31 marzo 2025, in base al quale Maverick Merger Sub 2, LLC si è fusa con ed in Mr. Cooper e, immediatamente dopo, Mr. Cooper si è fusa in Forward Merger Subsidiary, con Forward Merger Subsidiary che è sopravvissuta.

Alla data di efficacia della fusione, ogni azione di azioni ordinarie Mr. Cooper in circolazione immediatamente prima della data di efficacia è stata convertita nel diritto di ricevere 11 azioni di Rocket Companies, Inc. Class A ordinarie e contanti in luogo di azioni frazionate. Il Modulo 4 riporta la cessione e cita la conversione legata alla fusione nella nota a piè di pagina esplicativa.

Andrew Bon Salle, un director, informó la venta de 1.329 acciones de Mr. Cooper Group Inc. (COOP) el 01/10/2025, dejándolo con 0 acciones tras la operación. El Formulario 4 está firmado por un procurador autorizado el 03/10/2025. El archivo señala que la actividad reportada ocurrió en relación con una fusión bajo un Acuerdo y Plan de Fusión fechado el 31 de marzo de 2025, en virtud del cual Maverick Merger Sub 2, LLC se fusionó con Mr. Cooper y, inmediatamente después, Mr. Cooper se fusionó con Forward Merger Subsidiary, siendo Forward Merger Subsidiary la entidad sobreviviente.

En el momento de la vigencia de la fusión, cada acción ordinaria de Mr. Cooper en circulación justo antes de la hora efectiva se convirtió en el derecho a recibir 11 acciones de Rocket Companies, Inc. Class A y efectivo en lugar de acciones fraccionarias. El Formulario 4 reporta la venta y cita la conversión relacionada con la fusión en la nota explicativa al pie.

Andrew Bon Salle, 감독으로서, Mr. Cooper Group Inc. (COOP)1,329주를 2025-10-01에 매도했다고 보고하였으며, 그로 인해 거래 후 0주가 남았습니다. Form 4는 2025-10-03에 대리인에 의해 서명되었습니다. 제출서는 보고된 활동이 2025년 3월 31일로 기재된 합의 및 합병 계획에 따른 합병과 관련하여 발생했다고 노트하며, 그 계획에 따라 Maverick Merger Sub 2, LLC가 Mr. Cooper와 합병하고, 직후 Mr. Cooper가 Forward Merger Subsidiary와 합병하여 Forward Merger Subsidiary가 생존하였다고 명시합니다.

합병 발효 시점에, 발효 직전 Mr. Cooper의 보통주가 각 주당 11주의 Rocket Companies, Inc. Class A 보통주로 받을 권리로 전환되었으며, 부분 주 수를 대신해 현금으로 지급되었습니다. Form 4는 매도 내역을 보고하고 합병 관련 전환을 설명 각주에 인용합니다.

Andrew Bon Salle, un directeur, a signalé la vente de 1 329 actions de Mr. Cooper Group Inc. (COOP) le 01/10/2025, le laissant avec 0 actions après la transaction. Le formulaire 4 est signé par un mandataire le 03/10/2025. Le dépôt indique que l’activité déclarée est survenue dans le cadre d’une fusion selon un Accord et Plan de Fusion daté du 31 mars 2025, selon lequel Maverick Merger Sub 2, LLC a fusionné avec Mr. Cooper et, immédiatement après, Mr. Cooper a fusionné avec Forward Merger Subsidiary, Forward Merger Subsidiary survivant.

Au moment de l’effet de la fusion, chaque action ordinaire de Mr. Cooper en circulation immédiatement avant l’heure d’effet a été convertie en droit de recevoir 11 actions de Rocket Companies, Inc. Class A et des espèces en lieu des actions fractionnaires. Le formulaire 4 déclare la cession et mentionne la conversion liée à la fusion dans la note explicative en pied de page.

Andrew Bon Salle, ein Direktor, meldete den Verkauf von 1.329 Aktien der Mr. Cooper Group Inc. (COOP) am 01.10.2025, wodurch er nach der Transaktion 0 Aktien hielt. Das Formular 4 ist von einem Vormund/Bevollmächtigten am 03.10.2025 unterschrieben. Die Einreichung vermerkt, dass die berichtete Aktivität im Zusammenhang mit einer Fusion gemäß einer Vereinbarung und eines Fusionsplans vom 31. März 2025 stattfand, wonach Maverick Merger Sub 2, LLC mit Mr. Cooper verschmolz und unmittelbar darauf Mr. Cooper mit Forward Merger Subsidiary verschmolz, wobei Forward Merger Subsidiary überlebte.

Zum Zeitpunkt der Wirksamkeit der Fusion wurde jede vor der Wirksamkeit ausgegebene Mr. Cooper-Stammaktie in das Recht umgewandelt, 11 Aktien von Rocket Companies, Inc. Class A-Stammaktien sowie Bargeld statt fractional shares zu erhalten. Das Formular 4 berichtet über den Verkauf und verweist in der erläuternden Fußnote auf die fusionbedingte Umwandlung.

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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

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.
Mr Cooper Group Inc

NASDAQ:COOP

COOP Rankings

COOP Latest News

COOP Latest SEC Filings

COOP Stock Data

13.49B
62.75M
1.94%
96.23%
4.86%
Mortgage Finance
Finance Services
Link
United States
COPPELL