Rocket Lab executive granted 27,532 RSUs
Ricupati Agostino reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Ricupati Agostino reported acquisition or exercise transactions in this Form 4 filing.
Rocket Lab Corp executive Agostino Ricupati, VP Corp Controller & CAO, received a grant of 27,532 restricted stock units (RSUs) of common stock as equity compensation. The RSUs were granted at $0.00 per share, so he did not buy shares on the open market.
All 27,532 shares are reported as owned directly after the grant. The RSUs vest over time under the Rocket Lab Corporation 2021 Stock Option and Incentive Plan: 1/16 vests on August 22, 2026, and 1/16 vests on each March 1, May 22, August 22 and November 22 thereafter, as long as he remains in continuous service.
Insights
Routine time-based RSU grant to a Rocket Lab executive.
The filing shows Agostino Ricupati, VP Corp Controller & CAO, receiving 27,532 RSUs of Rocket Lab common stock at $0.00 per share. This is a compensation-related award, not an open-market purchase or sale.
The RSUs vest gradually: 1/16 on August 22, 2026, then 1/16 on each March 1, May 22, August 22 and November 22 as long as he maintains continuous service. The entire reported position after this grant consists of these 27,532 shares, indicating a straightforward, time-based incentive rather than a complex derivative or trading strategy.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,532 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units (RSUs) granted to the Reporting Person under the Rocket Lab Corporation 2021 Stock Option and Incentive Plan. Such RSUs will vest as follows: 1/16 of the RSUs will vest on August 22, 2026 and 1/16 of the RSUs will vest on each March 1st, May 22nd, August 22nd or November 22nd thereafter, in each case subject to the Reporting Person's continuous service through each applicable vesting date.
Key Figures
Key Terms
restricted stock units (RSUs) financial
Rocket Lab Corporation 2021 Stock Option and Incentive Plan financial
continuous service financial
vesting date financial
FAQ
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