Rocket Pharmaceuticals (RCKT) counsel sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rocket Pharmaceuticals General Counsel Wilson Martin reported an open-market sale of company stock. On February 18, 2026, he sold 1,376 shares of Common Stock at an average price of $3.338 per share in a transaction classified as an open-market sale.
According to the footnotes, the shares were sold to pay tax withholding obligations arising from the vesting of Restricted Stock Units (RSUs). After this sale, Martin beneficially owned 682,000 shares, which include RSUs that convert to common stock on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,376 shares ($4,593)
Net Sell
1 txn
Insider
Wilson Martin
Role
General Counsel
Sold
1,376 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,376 | $3.338 | $5K |
Holdings After Transaction:
Common Stock — 682,000 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 insider transaction did Rocket Pharmaceuticals (RCKT) report for Wilson Martin?
Rocket Pharmaceuticals reported that General Counsel Wilson Martin sold 1,376 shares of common stock. The sale was an open-market transaction used to cover tax withholding from vested RSUs, and did not significantly change his overall ownership position.
What type of security and code were reported in this Rocket Pharmaceuticals (RCKT) Form 4?
The Form 4 reports a transaction in Common Stock using transaction code S, which indicates a sale in the open market or a private transaction. The filing classifies it as a non-derivative transaction by the company’s General Counsel.
Do the Rocket Pharmaceuticals (RCKT) Form 4 footnotes mention Restricted Stock Units (RSUs)?
Yes. The footnotes explain that Martin’s holdings include Restricted Stock Units that convert to common stock on a one-for-one basis. They also state that the reported sale was executed to satisfy tax withholding obligations from the RSU vesting.