Rocket Lab (RKLB) president discloses 492,435 shares, 282,679 RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Rocket Lab Corp filed an initial insider report showing that President of Rocket Lab USA Inc., Marvin Bradford Clevenger, beneficially owns 492,435 shares of Common Stock. This total includes 282,679 restricted stock units (RSUs) granted under the Rocket Lab Corporation 2021 Stock Option and Incentive Plan, where each RSU represents a contingent right to receive one share of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clevenger Marvin Bradford
Role
President, Rocket Lab USA Inc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 492,435 shares (Direct)
Footnotes (1)
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Key Figures
Total Common Stock beneficially owned: 492,435 shares
Restricted stock units held: 282,679 RSUs
Form 3 effective ownership date: 2026-03-26
3 metrics
Total Common Stock beneficially owned
492,435 shares
Direct beneficial ownership reported on Form 3
Restricted stock units held
282,679 RSUs
Granted under Rocket Lab Corporation 2021 Stock Option and Incentive Plan
Form 3 effective ownership date
2026-03-26
Transaction date associated with the holding entry
Key Terms
restricted stock units, Rocket Lab Corporation 2021 Stock Option and Incentive Plan, contingent right
3 terms
restricted stock units financial
"Includes 282,679 restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rocket Lab Corporation 2021 Stock Option and Incentive Plan financial
"granted to the Reporting Person under the Rocket Lab Corporation 2021 Stock Option and Incentive Plan"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock."
FAQ
What does this Form 3 filing show for Rocket Lab Corp (RKLB)?
The Form 3 shows Marvin Bradford Clevenger beneficially owns 492,435 Rocket Lab Common Stock shares. This figure includes both currently owned shares and restricted stock units (RSUs) that entitle him to receive additional shares in the future.
How many Rocket Lab (RKLB) RSUs does Marvin Bradford Clevenger hold?
He holds 282,679 restricted stock units (RSUs) under the Rocket Lab Corporation 2021 Stock Option and Incentive Plan. Each RSU represents a contingent right to receive one share of Rocket Lab’s Common Stock if vesting conditions are met.
Who is the reporting person in this Rocket Lab (RKLB) Form 3 filing?
The reporting person is Clevenger Marvin Bradford, identified as an officer serving as President, Rocket Lab USA Inc.. The Form 3 discloses his direct beneficial ownership of Rocket Lab Corp Common Stock and related RSUs.
What plan are Rocket Lab (RKLB) RSUs for Marvin Bradford Clevenger granted under?
The 282,679 RSUs are granted under the Rocket Lab Corporation 2021 Stock Option and Incentive Plan. This plan provides equity-based awards, and each RSU gives a contingent right to receive one share of Rocket Lab Common Stock upon vesting.