Rocket Lab (RKLB) director Merline Saintil receives 2,482 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saintil Merline reported acquisition or exercise transactions in this Form 4 filing.
Rocket Lab Corp director Merline Saintil received a grant of 2,482 shares of Common Stock in the form of restricted stock units (RSUs). The RSUs were granted at no cash cost and increase her direct holdings to 264,385 shares. The RSUs will vest in full on the earlier of the company’s next annual meeting of stockholders or the one-year anniversary of the grant date, as long as she continues serving on the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Saintil Merline
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,482 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 264,385 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,482 shares
Grant price per share: $0.00 per share
Total shares after grant: 264,385 shares
3 metrics
RSUs granted
2,482 shares
Restricted stock units awarded to Merline Saintil
Grant price per share
$0.00 per share
Reported transaction price for RSU grant
Total shares after grant
264,385 shares
Merline Saintil’s direct Rocket Lab holdings post-transaction
Key Terms
restricted stock units ("RSUs"), Non-Employee Director Compensation Policy, 2021 Stock Option and Incentive Plan
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Director Compensation Policy financial
"under the Rocket Lab Corporation Amended and Restated Non-Employee Director Compensation Policy"
2021 Stock Option and Incentive Plan financial
"and the Rocket Lab Corporation 2021 Stock Option and Incentive Plan"
FAQ
What did Rocket Lab Corp (RKLB) director Merline Saintil report on this Form 4?
Merline Saintil reported receiving 2,482 Rocket Lab Corp restricted stock units as a grant. These equity awards increase her direct holdings to 264,385 common shares and were issued under the company’s non-employee director compensation policy and 2021 stock plan.
What is Merline Saintil’s Rocket Lab Corp (RKLB) ownership after this transaction?
After the RSU grant, Merline Saintil directly holds 264,385 Rocket Lab Corp common shares. This total includes the 2,482 restricted stock units granted in the reported transaction, reflecting her updated equity position as a non-employee director.
When do Merline Saintil’s new Rocket Lab Corp (RKLB) RSUs vest?
The RSUs vest in full on the earlier of Rocket Lab Corp’s next annual stockholder meeting or one year from the grant date. Vesting is conditioned on her continued service on the Board of Directors through the applicable vesting date.
Under which plans were the Rocket Lab Corp (RKLB) RSUs granted to Merline Saintil?
The RSUs were granted under Rocket Lab Corp’s Amended and Restated Non-Employee Director Compensation Policy and its 2021 Stock Option and Incentive Plan. These frameworks govern equity compensation awards for outside directors of the company.