Rocket Pharmaceuticals (RCKT) counsel sells shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROCKET PHARMACEUTICALS, INC. General Counsel Wilson Martin sold 12,253 shares of common stock on February 13, 2026 in an open-market transaction at an average price of $3.312 per share. According to the disclosure, the sale was made to pay tax withholding obligations tied to the vesting of restricted stock units (RSUs). After this transaction, Martin directly owned 683,376 shares, and his holdings include RSUs that convert into common stock on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,253 shares ($40,582)
Net Sell
1 txn
Insider
Wilson Martin
Role
General Counsel
Sold
12,253 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,253 | $3.312 | $41K |
Holdings After Transaction:
Common Stock — 683,376 shares (Direct)
Footnotes (1)
- Holdings include Restricted Stock Units ("RSUs") that convert to common stock on a one-for-one basis. The shares of common stock were sold by the Reporting Person in order to pay tax withholding obligations in connection with the vesting of RSUs.
FAQ
What did Rocket Pharmaceuticals (RCKT) insider Wilson Martin report on this Form 4?
Wilson Martin, General Counsel of Rocket Pharmaceuticals, reported selling 12,253 shares of common stock. The shares were sold on February 13, 2026, and the filing notes the sale was made to satisfy tax withholding obligations from vesting restricted stock units.
What type of transaction is reported in Wilson Martin’s Rocket Pharmaceuticals (RCKT) Form 4?
The Form 4 reports a non-derivative transaction in Rocket Pharmaceuticals common stock. It is coded as “S,” indicating a sale in an open-market or private transaction, and is further described as an open-market sale made to cover RSU-related tax withholding.
Do Wilson Martin’s Rocket Pharmaceuticals (RCKT) holdings include restricted stock units?
Yes. A footnote explains that Wilson Martin’s reported holdings include restricted stock units, or RSUs. These RSUs convert into Rocket Pharmaceuticals common stock on a one-for-one basis when they vest, increasing his direct share ownership at that time.