Rocket Lab (RKLB) director tied to 40,000-share Abalone Cove LLLP stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rocket Lab Corp director Alexander R. Slusky reported an indirect open-market sale of Common Stock through Abalone Cove LLLP. On June 2, 2026, Abalone Cove LLLP sold 40,000 shares at $123.60 per share.
After this transaction, Slusky’s indirect holdings through Abalone Cove LLLP totaled 334,675 shares of Rocket Lab Corp Common Stock. A separate holding entry shows he also directly owns 61,331 shares, providing additional context on his remaining stake following the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares ($4,944,000)
Net Sell
2 txns
Insider
Slusky Alexander R
Role
null
Sold
40,000 shs ($4.94M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,000 | $123.60 | $4.94M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 334,675 shares (Indirect, By Abalone Cove LLLP);
Common Stock — 61,331 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 40,000 shares
Sale price per share: $123.60 per share
Indirect holdings after transaction: 334,675 shares
+2 more
5 metrics
Shares sold
40,000 shares
Common Stock sold on June 2, 2026
Sale price per share
$123.60 per share
Open-market sale by Abalone Cove LLLP
Indirect holdings after transaction
334,675 shares
Common Stock held via Abalone Cove LLLP after sale
Direct holdings after transaction
61,331 shares
Common Stock directly owned by Alexander R. Slusky
Net shares sold
40,000 shares
Net-sell direction across reported transactions
Key Terms
open-market sale, indirect ownership, limited liability limited partnership, Form 4
4 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.
indirect ownership financial
"ownership_type: indirect for Abalone Cove LLLP-held shares"
limited liability limited partnership financial
"Abalone Cove LLLP, a limited liability limited partnership"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Rocket Lab Corp (RKLB) report for Alexander R. Slusky?
Rocket Lab Corp reported that Alexander R. Slusky, a director, was associated with an indirect open-market sale of 40,000 shares of Common Stock on June 2, 2026, executed through Abalone Cove LLLP at a price of $123.60 per share.