Rocket Companies (NYSE: RKT) reports director RSU awards and stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rocket Companies director equity activity and holdings update. A Rocket Companies, Inc. director reported receiving 110,352 restricted stock units (RSUs) of Class A common stock on December 7, 2025 at a grant price of $0. These RSUs vest in six equal semi-annual installments over three years, on each June 7 and December 7, starting June 7, 2026, contingent on continued service.
The director also reported open-market sales of 2,500 Class A shares on December 8, 2025 at a weighted average price of $18.7798 per share and 2,500 shares on December 9, 2025 at a weighted average price of $18.8065 per share, executed under a Rule 10b5-1 trading plan adopted on August 11, 2025. Separately, the director received 73,568 cash-settled RSUs on December 7, 2025, with the same six-installment vesting schedule tied to the fair market value of Rocket’s common stock at settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($93,966)
Net Sell
8 txns
Insider
Rizik Matthew
Role
Director
Sold
5,000 shs ($94K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 2,500 | $18.8065 | $47K |
| Sale | Class A common stock | 2,500 | $18.7798 | $47K |
| Grant/Award | Cash-Settled Restricted Stock Units | 73,568 | $0.00 | -- |
| Grant/Award | Class A common stock | 110,352 | $0.00 | -- |
| holding | Class L-1 common stock | -- | -- | -- |
| holding | Class L-2 common stock | -- | -- | -- |
| holding | Class L-1 common stock | -- | -- | -- |
| holding | Class L-2 common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 1,093,536 shares (Direct);
Cash-Settled Restricted Stock Units — 147,548 shares (Direct);
Class L-1 common stock — 2,511,005 shares (Direct);
Class L-2 common stock — 2,361,005 shares (Direct);
Class L-1 common stock — 675,000 shares (Indirect, by grantor retained annuity trust (GRAT));
Class L-2 common stock — 825,000 shares (Indirect, by grantor retained annuity trust (GRAT))
Footnotes (1)
- Represents restricted stock units ("RSUs") granted under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3 and approved by a committee of independent directors. Each RSU represents the contingent right to receive one share of Class A common stock of the Issuer for each vested RSU. The RSUs were granted to the Reporting Person on December 7, 2025 and will vest in six equal, semi-annual installments over three years on each June 7 and December 7, with the initial vesting date on June 7, 2026, subject to the Reporting Person's continued service on the applicable vesting date. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.68 to $19.3 per share. 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.625 to $18.975 per share. 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. Represents Cash-Settled Restricted Stock Units ("Cash-Settled RSUs") granted under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3 and approved by a committee of independent directors. Each Cash-Settled RSU represents the right to receive a cash payment equal to the fair market value of a share of the Issuer's common stock on the settlement date. The Cash-Settled RSUs were granted to the Reporting Person on December 7, 2025 and will vest in six equal, semi-annual installments over three years on each June 7 and December 7, with the initial vesting date on June 7, 2026, subject to the Reporting Person's continued service on the applicable vesting date.
FAQ
What insider transactions did Rocket Companies (RKT) report for its director?
A director reported receiving 110,352 Class A restricted stock units on December 7, 2025 and selling 2,500 Class A shares on December 8, 2025 and 2,500 on December 9, 2025.
How do the Rocket Companies (RKT) RSU grants to the director vest?
The 110,352 RSUs and 73,568 cash-settled RSUs granted on December 7, 2025 vest in six equal, semi-annual installments over three years on each June 7 and December 7, starting June 7, 2026, subject to continued service.
What are the cash-settled RSUs reported by Rocket Companies (RKT)?
Cash-settled RSUs are awards that pay cash equal to the fair market value of one share of Rocket Companies common stock for each vested unit, rather than delivering actual shares.
Were the Rocket Companies (RKT) director’s stock sales under a trading plan?
Yes. The reported stock sales were effected under a Rule 10b5-1 trading plan adopted by the director on August 11, 2025.
What equity plans did Rocket Companies (RKT) use for these director awards?
Both the RSUs and the cash-settled RSUs were granted under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan in transactions exempt under Rule 16b-3 and approved by a committee of independent directors.