Rocket Lab Director Sells $185K in Stock Through Planned Trading Program
Rocket Lab Corp (RKLB) director Merline Saintil executed planned stock sales on June 20, 2025, through a pre-established Rule 10b5-1 trading plan from March 20, 2025.
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Rhea-AI Filing Summary
Rocket Lab Corp (RKLB) director Merline Saintil executed planned stock sales on June 20, 2025, through a pre-established Rule 10b5-1 trading plan from March 20, 2025. The transactions involved:
- Sale of 1,700 shares at a weighted average price of $28.75 (range: $28.03-$29.01)
- Sale of 4,653 shares at a weighted average price of $29.65 (range: $29.08-$30.04)
Following these transactions, Saintil's direct ownership decreased from 432,275 to 425,922 shares. The sales were executed automatically according to the trading plan, demonstrating structured portfolio management by the insider. The Form 4 was signed by Arjun Kampani as Attorney-in-Fact for Saintil on June 23, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,700 | $28.7547 | $49K |
| Sale | Common Stock | 4,653 | $29.65 | $138K |
Footnotes (3)
- F1. Represents the sale of shares which occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 20, 2025.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.0300 to $29.0100, 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.
- F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.0800 to $30.0400, 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.
FAQ
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What was the price range of RKLB stock sales by Merline Saintil on June 20, 2025?
Was RKLB Director Saintil's stock sale part of a pre-planned trading arrangement?
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