COOP insider conversion: 24,306 shares converted into Rocket stock

Rhea-AI Filing Summary

Olson Tagar, identified as a Director, reported a transaction for Maverick Merger Sub 2, LLC (issuer related to Mr. Cooper Group Inc. — COOP) dated 10/01/2025. The Form 4 shows a disposition of 24,306 shares of Mr. Cooper common stock (transaction code J), leaving the reporting person with 0 shares reported as beneficially owned after the transaction. The filing states this disposition occurred in connection with a merger: under an Agreement and Plan of Merger dated March 31, 2025, Mr. Cooper was merged into Maverick Merger Sub and then into Maverick Merger Sub 2, LLC, and each outstanding share of Mr. Cooper common stock was converted into the right to receive 11 shares of Rocket Companies, Inc. Class A common stock plus cash in lieu of fractional shares. The form is signed by Katherine K. Connell, Attorney-in-Fact on 10/03/2025.

Positive

• Merger conversion ratio of 11:1 provides clear, quantifiable consideration for each Mr. Cooper share
• Transaction explicitly disclosed and reported on Form 4, preserving transparency about insider holdings

Negative

• Reporting person holds 0 shares following the reported transaction
• Disposition of 24,306 shares reduces direct insider ownership in the pre-merger instrument

Insights

Corporate Transactions Expert

Director's holdings were fully converted and disposed as part of the COOP merger into Rocket stock on 10/01/2025.

The Form 4 documents a 24,306-share disposition recorded with transaction code J, and reports 0 shares held after the transaction. The filing explicitly ties the disposition to the Agreement and Plan of Merger dated March 31, 2025, which converted each Mr. Cooper share into 11 shares of Rocket Class A stock plus cash for fractional shares.

This is a conversion and post-closing reporting event rather than a voluntary market sale by the director; the filing shows the change in beneficial ownership resulting from the corporate combination rather than a block trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Olson Tagar

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	24,306	$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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 10/03/2025 - 04:39 PM Learn about SEC filing dates

FAQ

What did the Form 4 for COOP filed by Olson Tagar report?

The Form 4 reports a disposition of 24,306 shares on 10/01/2025, leaving the reporting person with 0 shares beneficially owned.

Why were the 24,306 shares disposed according to the filing?

The filing states the disposition occurred in connection with the Maverick merger under the Agreement and Plan of Merger dated March 31, 2025.

What consideration did Mr. Cooper shareholders receive in the merger?

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

When was the Form 4 signed and who signed it?

The Form 4 is signed by Katherine K. Connell, Attorney-in-Fact on 10/03/2025.

Does the Form 4 show any derivative securities for COOP?

No. Table II (derivative securities) contains no reported derivative transactions or holdings.

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^*

Olson Tagar

(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		24,306(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.