Rocket Lab (RKLB) Form 4: CFO Executes Sell-to-Cover on RSU Vesting
Rhea-AI Filing Summary
Adam C. Spice, Chief Financial Officer of Rocket Lab Corp (RKLB), reported multiple sales of common stock on 09/16/2025 as shown on Form 4. The transactions are described as "sell-to-cover" sales to satisfy tax withholding on the vesting and settlement of previously granted restricted stock units. The reported disposals were: 12,358 shares at a weighted-average price of $47.785, 31,843 shares at $48.6044, 13,743 shares at $49.4143, 6,686 shares at $50.5206 and 3,624 shares at $51.6341. Following these transactions, the reporting person’s direct beneficial ownership decreased to 1,064,981 shares. The Form 4 was signed on behalf of Mr. Spice by his attorney-in-fact on 09/18/2025.
Positive
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Negative
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Insights
TL;DR: Routine sell-to-cover transactions by the CFO reduced direct holdings; no new grants or purchases reported.
The Form 4 discloses multiple dispositions totaling 68,254 shares executed on 09/16/2025 through "sell-to-cover" transactions to meet tax withholding from vested restricted stock units. The sales were executed across a range of prices with weighted-average prices disclosed for each lot. This filing documents tax-related liquidity events rather than open-market, discretionary selling, and the reporting person's remaining direct position is 1,064,981 shares.
TL;DR: Disclosure is consistent with routine insider tax-withholding activity; filings are complete with price ranges noted.
The Form 4 includes explanatory footnotes stating the disposals were to satisfy tax withholding on RSU vesting. Each reported price is a weighted average with disclosed execution price ranges and an undertaking to provide transaction-level details upon request. The form is signed by an attorney-in-fact, indicating procedural compliance with Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,358 | $47.785 | $591K |
| Sale | Common Stock | 31,843 | $48.6044 | $1.55M |
| Sale | Common Stock | 13,743 | $49.4143 | $679K |
| Sale | Common Stock | 6,686 | $50.5206 | $338K |
| Sale | Common Stock | 3,624 | $51.6341 | $187K |
Footnotes (1)
- Represents the sale of shares pursuant to a "sell-to-cover" transaction in order to satisfy applicable tax withholding obligations in connection with the vesting and settlement of restricted stock units previously granted to the reporting person. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.1300 to $48.1200, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.1300 to $49.1200, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.1300 to $50.1200, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.1300 to $51.1100, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.1300 to $52.0500, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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.
