Rocket Lab (NASDAQ: RKLB) SVP & General Counsel moves 88,000 shares into exchange fund

Rhea-AI Filing Summary

Rocket Lab Corp SVP & General Counsel Arjun Kampani reallocated part of his holdings by contributing shares to an exchange fund. On June 18, 2026, he contributed 88,000 shares of Common Stock at $107.98 per share to an exchange fund under a subscription agreement dated March 25, 2026, receiving fund shares in return rather than executing an open-market sale. Following this transaction, he directly holds 264,705 Rocket Lab shares.

Insights

Insider transactions analyst

Kampani shifted 88,000 Rocket Lab shares into an exchange fund, a diversification move rather than a market sale.

The filing shows SVP & General Counsel Arjun Kampani disposing of 88,000 Rocket Lab shares labeled with code S, but the footnote explains these were contributed to an exchange fund at $107.98 per share under a prior subscription agreement.

This structure typically allows an executive to diversify concentrated stock exposure by swapping company shares for a fund interest, without signaling a view on the stock’s prospects. He still directly owns 264,705 shares after the transaction, suggesting he retains a significant equity stake alongside this diversification step.

Insider Trade Summary

Net Seller: 88,000 shares

Net Sell 1 txn

Insider Kampani Arjun

Role SVP & General Counsel

Sold 88,000 shs ($9.50M)

Type	Security	Shares	Price	Value
Sale	Common Stock	88,000	$107.98	$9.50M

Holdings After Transaction: Common Stock — 264,705 shares (Direct)

Footnotes (1)

1. F1. On June 18, 2026, pursuant to a subscription agreement dated March 25, 2026, the Reporting Person contributed 88,000 shares at $107.98 per share to an exchange fund in exchange for fund shares.

Key Figures

Shares contributed to exchange fund: 88,000 shares Contribution price per share: $107.98 per share Shares held after transaction: 264,705 shares

3 metrics

Shares contributed to exchange fund 88,000 shares Common Stock contributed on June 18, 2026

Contribution price per share $107.98 per share Value used for 88,000-share exchange fund contribution

Shares held after transaction 264,705 shares Direct Rocket Lab holdings following contribution

Key Terms

exchange fund, subscription agreement, Reporting Person

3 terms

exchange fund financial

"the Reporting Person contributed 88,000 shares at $107.98 per share to an exchange fund in exchange for fund shares"

An exchange fund is a pooled investment vehicle where holders of a single, highly appreciated stock swap their shares for pro rata interests in a diversified basket, allowing them to reduce concentration risk without immediately selling and triggering a large capital gains tax. It matters to investors because it provides instant diversification and potential tax deferral—like trading one oversized slice of pie for many smaller slices—though it usually carries fees, a multi‑year lockup and less control over exact timing of liquidity.

subscription agreement financial

"On June 18, 2026, pursuant to a subscription agreement dated March 25, 2026, the Reporting Person contributed 88,000 shares"

A subscription agreement is a legal contract in which an investor agrees to buy a specific number of a company’s shares or other securities under set terms, including price, payment method and conditions for closing the sale. It matters to investors because it legally locks in their purchase and the company’s obligations, determines ownership percentage and any investor rights, and can include conditions or promises that affect future control or returns—like signing a detailed purchase order for equity.

Reporting Person regulatory

"the Reporting Person contributed 88,000 shares at $107.98 per share to an exchange fund"

FAQ

What insider transaction did Rocket Lab (RKLB) report for Arjun Kampani?

Rocket Lab reported that SVP & General Counsel Arjun Kampani contributed 88,000 shares of Common Stock to an exchange fund. The shares were valued at $107.98 each under a subscription agreement dated March 25, 2026, and he received fund shares in return.

Was the RKLB insider transaction an open-market sale of shares?

The transaction is coded as an S, but the footnote clarifies it was a contribution to an exchange fund, not a typical open-market sale. Kampani exchanged 88,000 Rocket Lab shares for fund shares under a pre-arranged subscription agreement, indicating a diversification move.

How many Rocket Lab (RKLB) shares did Arjun Kampani dispose of in this filing?

Arjun Kampani disposed of 88,000 shares of Rocket Lab Common Stock. According to the filing, these shares were contributed to an exchange fund at $107.98 per share in exchange for fund shares, rather than sold directly into the open market.

How many Rocket Lab (RKLB) shares does Arjun Kampani hold after the exchange fund transaction?

After contributing 88,000 shares to the exchange fund, Arjun Kampani directly holds 264,705 Rocket Lab shares. This post-transaction holding shows he maintains a substantial equity position in the company despite diversifying part of his stake through the fund contribution.

What agreement governed Arjun Kampani’s Rocket Lab (RKLB) exchange fund contribution?

The exchange fund contribution was made under a subscription agreement dated March 25, 2026. On June 18, 2026, Kampani contributed 88,000 Rocket Lab shares at $107.98 per share to the exchange fund pursuant to this agreement, receiving fund shares in return.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/18/2026 - 06:36 PM Accepted by SEC EDGAR 06/18/2026 - 06:35 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kampani Arjun

(Last) (First) (Middle)

3881 MCGOWEN STREET

(Street)

LONG BEACH CALIFORNIA 90808

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Rocket Lab Corp [ RKLB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/18/2026		S(1)		88,000	D	$107.98	264,705	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On June 18, 2026, pursuant to a subscription agreement dated March 25, 2026, the Reporting Person contributed 88,000 shares at $107.98 per share to an exchange fund in exchange for fund shares.

	/s/Arjun Kampani	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)