[Form 4] Mr. Cooper Group Inc. Insider Trading Activity
Kurt G. Johnson, Executive Vice President and Chief Financial Officer of Maverick Merger Sub 2, LLC (formerly Issuer, trading as COOP), reported disposition of a total of 78,911 shares of the Issuer's common stock on 10/01/2025 in connection with a merger described in the filing. The filing explains that under the Merger Agreement dated March 31, 2025, each share of the Issuer was converted into 11 shares of Rocket Companies, Inc. common stock and cash in lieu of fractional shares, and outstanding RSU awards were converted into RSUs for Rocket stock on the same vesting terms. Following the reported transactions, the filing shows 24,685 shares of common stock beneficially owned by the reporting person and 0 RSUs or performance stock units for the Issuer.
Kurt G. Johnson, Vicepresidente Esecutivo e Direttore Finanziario di Maverick Merger Sub 2, LLC (precedentemente Issuer, in commercio come COOP), ha riferito la disposizione di un totale di 78.911 azioni ordinarie dell'emittente il 01/10/2025 in relazione a una fusione descritta nel fascicolo. Il fascicolo spiega che, in base all'Accordo di Fusione datato 31 marzo 2025, ogni azione dell'emittente è stata convertita in 11 azioni ordinarie di Rocket Companies, Inc. e in contanti al posto di azioni frazionarie, e i premi RSU in essere sono stati convertiti in RSU per azioni Rocket secondo gli stessi termini di vesting. Dopo le transazioni riportate, il fascicolo mostra 24.685 azioni ordinarie di proprietà della persona che riporta e 0 RSU o unità di azione di performance per l'emittente.
Kurt G. Johnson, Vicepresidente Ejecutivo y Director Financiero de Maverick Merger Sub 2, LLC (anteriormente Issuer, que cotiza como COOP), informó la disposición de un total de 78,911 acciones comunes del Emisor el 01/10/2025 en relación con una fusión descrita en el archivo. El archivo explica que, conforme al Acuerdo de Fusión fechado el 31 de marzo de 2025, cada acción del Emisor fue convertida en 11 acciones comunes de Rocket Companies, Inc. y efectivo en lugar de acciones fraccionarias, y las asignaciones RSU en curso se convirtieron en RSU para acciones de Rocket según los mismos términos de vesting. Tras las transacciones reportadas, el archivo muestra 24,685 acciones comunes de propiedad de la persona que reporta y 0 RSU o unidades de stock de rendimiento para el Emisor.
Kurt G. Johnson, Maverick Merger Sub 2, LLC의 Executive Vice President 및 최고재무책임자(이전 발행인, COOP으로 거래)로서, 제출서에 설명된 합병과 관련하여 2025년 10월 1일에 발행인의 보통주 총 78,911주를 처분했다고 보고했습니다. 제출서에 따르면 2025년 3월 31일자 합병계약에 따라 발행인의 각 주식은 Rocket Companies, Inc.의 보통주 11주와 분수 주식에 대한 현금으로 대체되었고, 미실현 RSU 보상은 동일한 vesting 조건으로 Rocket 주식용 RSU로 전환되었습니다. 보고된 거래 후 제출서는 보고자에 의해 실제로 소유된 발행인 보통주 24,685주와 발행인을 위한 0 RSU 또는 성과 주식 단위가 있음을 보여줍니다.
Kurt G. Johnson, Vice-président Exécutif et Directeur Financier de Maverick Merger Sub 2, LLC (anciennement Issuer, coté sous COOP), a déclaré la vente d'un total de 78 911 actions ordinaires de l'émetteur le 01/10/2025 dans le cadre d'une fusion décrite dans le dossier. Le dossier explique que, selon l'accord de fusion daté du 31 mars 2025, chaque action de l'émetteur a été convertie en 11 actions ordinaires de Rocket Companies, Inc. et en espèces en lieu des actions fractionnaires, et que les attributions RSU en cours ont été converties en RSU pour des actions Rocket selon les mêmes conditions de vesting. Suite aux transactions déclarées, le dossier indique 24 685 actions ordinaires détenues par la personne qui déclare et 0 RSU ou unités d'actions de performance pour l'émetteur.
Kurt G. Johnson, Executive Vice President und Chief Financial Officer von Maverick Merger Sub 2, LLC (früher Issuer, gehandelt als COOP), berichtete über den Veräußerung insgesamt 78.911 Stammaktien des Emittenten am 01.10.2025 im Zusammenhang mit einer im Filing beschriebenen Fusion. Das Filing erklärt, dass gemäß dem am 31. März 2025 datierten Fusionsabkommen jede Aktie des Emittenten in 11 Stammaktien von Rocket Companies, Inc. und Barzahlung statt fractional shares umgewandelt wurde, und ausstehende RSU-Boni wurden zu RSUs für Rocket-Aktien unter denselben Vesting-Bedingungen umgewandelt. Nach den berichteten Transaktionen zeigt das Filing 24.685 Stammaktien, die von der meldepflichtigen Person gehalten werden, und 0 RSUs oder Leistungsaktieneinheiten (Performance Stock Units) für den Emittenten.
كورت ج. جونسون، نائب الرئيس التنفيذي والمدير المالي لشركة Maverick Merger Sub 2, LLC (المعروف سابقاً كمصدر Issuer، المتداول كـ COOP)، أفاد بالتصرّف في مجموع 78,911 سهماً من الأسهم العادية للمصدر في 01/10/2025 فيما يتعلق باندماج موصوف في الملف. يشرح الملف أنه وفقاً لاتفاق الاندماج المؤرخ في 31 مارس 2025، تم تحويل كل سهم من المصدر إلى 11 سهم عادي من Rocket Companies, Inc. ونقداً بدلاً من الأسهم الكسريّة، وتم تحويل منح RSU المتداولة إلى RSUs لأسهم Rocket وفقاً لنفس شروط الاستحقاق. بعد المعاملات المذكورة، يظهر الملف أن لدى الشخص المبلغ عنه 24,685 سهم عادي مملوكة و0 RSU أو وحدات أسهم الأداء للمصدر.
Kurt G. Johnson，Maverick Merger Sub 2, LLC（前称发行人，以 COOP 交易）的执行副总裁兼首席财务官，报告在 2025/10/01处置了发行人普通股总计 78,911股，与文档中描述的合并有关。该文档解释，根据日期为 2025年3月31日的并购协议，每股发行人股被转换为 Rocket Companies, Inc. 的 11 股普通股并以现金结算小数股，未行权的 RSU 授予也按相同的归属条件转换为 Rocket 股的 RSU。报告的交易完成后，文档显示报告人实际拥有的发行人普通股为 24,685 股，且 0 股 RSU 或者发行人的绩效股单位。
- RSU awards were converted into Rocket RSUs on the same vesting terms, preserving award economics
- Merger terms specify an 11-for-1 exchange ratio, providing a clear conversion formula
- Reporting person disposed of a total of 78,911 Issuer common shares on 10/01/2025
- Following the transactions, the filing shows 0 Issuer RSUs and performance units remaining for the reporting person
Insights
Insider reported disposal of 78,911 COOP shares tied to the merger.
The Form 4 records two disposals on 10/01/2025 totaling 78,911 shares of the Issuer's common stock and shows remaining beneficial ownership of 24,685 shares. The reported dispositions are tied to the described Merger Agreement that converted Issuer shares into Rocket Companies, Inc. stock using an 11-for-1 exchange ratio.
This matters because insider Form 4 disclosures change the public register of issuer ownership and confirm that equity holdings and equity awards were converted or cancelled at the Maverick Effective Time rather than sold on the open market.
RSUs and performance units were converted into Rocket RSUs under the merger terms.
The filing states that time- and performance-based RSU awards were converted per the Merger Agreement, with performance determination made prior to the Maverick Effective Time and the number of Rocket shares determined by multiplying by the 11-share Exchange Ratio. The Form 4 shows 47,742 performance stock units converted and thereafter 0 Issuer RSUs remaining.
This is significant for investors tracking dilution and executive equity realization because award conversions and resulting share counts affect future Rocket share distributions and executive compensation profiles.
Kurt G. Johnson, Vicepresidente Esecutivo e Direttore Finanziario di Maverick Merger Sub 2, LLC (precedentemente Issuer, in commercio come COOP), ha riferito la disposizione di un totale di 78.911 azioni ordinarie dell'emittente il 01/10/2025 in relazione a una fusione descritta nel fascicolo. Il fascicolo spiega che, in base all'Accordo di Fusione datato 31 marzo 2025, ogni azione dell'emittente è stata convertita in 11 azioni ordinarie di Rocket Companies, Inc. e in contanti al posto di azioni frazionarie, e i premi RSU in essere sono stati convertiti in RSU per azioni Rocket secondo gli stessi termini di vesting. Dopo le transazioni riportate, il fascicolo mostra 24.685 azioni ordinarie di proprietà della persona che riporta e 0 RSU o unità di azione di performance per l'emittente.
Kurt G. Johnson, Vicepresidente Ejecutivo y Director Financiero de Maverick Merger Sub 2, LLC (anteriormente Issuer, que cotiza como COOP), informó la disposición de un total de 78,911 acciones comunes del Emisor el 01/10/2025 en relación con una fusión descrita en el archivo. El archivo explica que, conforme al Acuerdo de Fusión fechado el 31 de marzo de 2025, cada acción del Emisor fue convertida en 11 acciones comunes de Rocket Companies, Inc. y efectivo en lugar de acciones fraccionarias, y las asignaciones RSU en curso se convirtieron en RSU para acciones de Rocket según los mismos términos de vesting. Tras las transacciones reportadas, el archivo muestra 24,685 acciones comunes de propiedad de la persona que reporta y 0 RSU o unidades de stock de rendimiento para el Emisor.
Kurt G. Johnson, Maverick Merger Sub 2, LLC의 Executive Vice President 및 최고재무책임자(이전 발행인, COOP으로 거래)로서, 제출서에 설명된 합병과 관련하여 2025년 10월 1일에 발행인의 보통주 총 78,911주를 처분했다고 보고했습니다. 제출서에 따르면 2025년 3월 31일자 합병계약에 따라 발행인의 각 주식은 Rocket Companies, Inc.의 보통주 11주와 분수 주식에 대한 현금으로 대체되었고, 미실현 RSU 보상은 동일한 vesting 조건으로 Rocket 주식용 RSU로 전환되었습니다. 보고된 거래 후 제출서는 보고자에 의해 실제로 소유된 발행인 보통주 24,685주와 발행인을 위한 0 RSU 또는 성과 주식 단위가 있음을 보여줍니다.
Kurt G. Johnson, Vice-président Exécutif et Directeur Financier de Maverick Merger Sub 2, LLC (anciennement Issuer, coté sous COOP), a déclaré la vente d'un total de 78 911 actions ordinaires de l'émetteur le 01/10/2025 dans le cadre d'une fusion décrite dans le dossier. Le dossier explique que, selon l'accord de fusion daté du 31 mars 2025, chaque action de l'émetteur a été convertie en 11 actions ordinaires de Rocket Companies, Inc. et en espèces en lieu des actions fractionnaires, et que les attributions RSU en cours ont été converties en RSU pour des actions Rocket selon les mêmes conditions de vesting. Suite aux transactions déclarées, le dossier indique 24 685 actions ordinaires détenues par la personne qui déclare et 0 RSU ou unités d'actions de performance pour l'émetteur.
Kurt G. Johnson, Executive Vice President und Chief Financial Officer von Maverick Merger Sub 2, LLC (früher Issuer, gehandelt als COOP), berichtete über den Veräußerung insgesamt 78.911 Stammaktien des Emittenten am 01.10.2025 im Zusammenhang mit einer im Filing beschriebenen Fusion. Das Filing erklärt, dass gemäß dem am 31. März 2025 datierten Fusionsabkommen jede Aktie des Emittenten in 11 Stammaktien von Rocket Companies, Inc. und Barzahlung statt fractional shares umgewandelt wurde, und ausstehende RSU-Boni wurden zu RSUs für Rocket-Aktien unter denselben Vesting-Bedingungen umgewandelt. Nach den berichteten Transaktionen zeigt das Filing 24.685 Stammaktien, die von der meldepflichtigen Person gehalten werden, und 0 RSUs oder Leistungsaktieneinheiten (Performance Stock Units) für den Emittenten.
