Rocket Lab director entity sells 60,000 RKLB shares
Rocket Lab Corp director-related entity reports stock sales.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Rocket Lab Corp director-related entity reports stock sales. On May 28, 2026, Abalone Cove LLLP, an entity associated with director Alexander R. Slusky, sold 20,000 Rocket Lab common shares in an open-market sale at $150.0000 per share and 40,000 shares at $149.1023 per share. The weighted-average sale prices for these trades ranged from $149.0000 to $149.4100. After these transactions, Abalone Cove LLLP held 374,675 Rocket Lab common shares indirectly, while Slusky also reported 61,331 shares held directly.
Insider Trade Summary
Net Seller: 60,000 shares
Net Sell
3 txns
Insider
Slusky Alexander R
Role
Director
Sold
60,000 shs ($8.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,000 | $149.1023 | $5.96M |
| Sale | Common Stock | 20,000 | $150.00 | $3.00M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 374,675 shares (Indirect, By Abalone Cove LLLP);
Common Stock — 61,331 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $149.0000 to $149.4100. The Reporting Person undertakes to provide the Registrant, any securityholder of the Registrant, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. These shares are held by Abalone Cove LLLP, a limited liability limited partnership, of which the Reporting Person is the sole general partner and of which the Reporting Person and his spouse are the sole limited partners.
Key Figures
Shares sold (first trade): 20,000 shares
Shares sold (second trade): 40,000 shares
Price range for sales: $149.0000–$149.4100 per share
+3 more
6 metrics
Shares sold (first trade)
20,000 shares
Open-market sale of common stock at $150.0000 per share on May 28, 2026
Shares sold (second trade)
40,000 shares
Open-market sale of common stock at $149.1023 per share on May 28, 2026
Price range for sales
$149.0000–$149.4100 per share
Weighted-average sale price range across multiple transactions on May 28, 2026
Indirect holdings after sales
394,675 shares
Rocket Lab common stock held by Abalone Cove LLLP after May 28, 2026 transactions
Direct holdings after filing
61,331 shares
Rocket Lab common stock held directly by Alexander R. Slusky after reported transactions
Total shares sold
60,000 shares
Aggregate Rocket Lab common stock sold by Abalone Cove LLLP on May 28, 2026
Key Terms
open-market sale, weighted-average price, limited liability limited partnership, indirect, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted-average price financial
"The price reported in Column 4 is a weighted-average price."
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
limited liability limited partnership financial
"These shares are held by Abalone Cove LLLP, a limited liability limited partnership"
indirect financial
"ownership_type": "indirect""
beneficially owned financial
"full information regarding the number of shares sold at each separate price"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rocket Lab Corp (RKLB) report for Alexander R. Slusky?
Rocket Lab Corp reported that an entity associated with director Alexander R. Slusky, Abalone Cove LLLP, sold 60,000 shares of Rocket Lab common stock in open-market transactions on May 28, 2026, while maintaining significant remaining indirect and direct share holdings.
Who is Abalone Cove LLLP in relation to Rocket Lab (RKLB) director Alexander R. Slusky?
Abalone Cove LLLP is a limited liability limited partnership through which Alexander R. Slusky holds Rocket Lab shares. He is the sole general partner, and he and his spouse are the sole limited partners, according to the Form 4 footnote disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates