RKT COO has 8,056 shares withheld for taxes
Rocket Companies, Inc. Chief Operating Officer Heather M. Lovier had 8,056 shares of Class A common stock withheld on 2026-04-07 to cover tax obligations.
Rhea-AI Filing Summary
Rocket Companies, Inc. Chief Operating Officer Heather M. Lovier had 8,056 shares of Class A common stock withheld on 2026-04-07 to cover tax obligations. The shares were forfeited at $15.03 per share in connection with the vesting of restricted stock units granted under the company’s 2020 Omnibus Incentive Plan, rather than being sold on the open market.
After this tax-withholding disposition, she directly holds 907,295 shares of Class A common stock, as well as 1,413,489 shares of Class L-1 common stock and 1,413,490 shares of Class L-2 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 8,056 shares
Exercise Price or Tax Liability
3 txns
Insider
Lovier Heather M.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A common stock | 8,056 | $15.03 | $121K |
| holding | Class L-1 common stock | -- | -- | -- |
| holding | Class L-2 common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 907,295 shares (Direct);
Class L-1 common stock — 1,413,489 shares (Direct);
Class L-2 common stock — 1,413,490 shares (Direct)
Footnotes (1)
- F1. Number of shares forfeited to pay tax withholding obligations upon the vesting of restricted stock units granted by the Issuer under its 2020 Omnibus Incentive Plan.
Key Figures
Tax-withheld shares: 8,056 shares
Withholding price: $15.03 per share
Class A shares after transaction: 907,295 shares
+2 more
5 metrics
Tax-withheld shares
8,056 shares
Class A common stock forfeited for tax withholding on 2026-04-07
Withholding price
$15.03 per share
Value applied to shares forfeited for tax obligations
Class A shares after transaction
907,295 shares
Direct Class A holding following tax-withholding disposition
Class L-1 shares held
1,413,489 shares
Direct Class L-1 common stock holding as of transaction date
Class L-2 shares held
1,413,490 shares
Direct Class L-2 common stock holding as of transaction date
Key Terms
restricted stock units, tax withholding obligations, 2020 Omnibus Incentive Plan, Class A common stock, +1 more
5 terms
restricted stock units financial
"upon the vesting of restricted stock units granted by the Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Number of shares forfeited to pay tax withholding obligations"
2020 Omnibus Incentive Plan financial
"granted by the Issuer under its 2020 Omnibus Incentive Plan"
Class A common stock financial
"security_title": "Class A common stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RKT COO Heather Lovier report on this Form 4?
Heather M. Lovier reported a tax-withholding disposition of 8,056 shares of Rocket Companies Class A common stock. The shares were forfeited to cover tax obligations when restricted stock units vested under the 2020 Omnibus Incentive Plan, not sold in an open-market transaction.
Was Heather Lovier’s RKT Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. The 8,056 shares were forfeited to pay tax withholding obligations triggered by restricted stock units vesting under Rocket Companies’ 2020 Omnibus Incentive Plan, according to the filing footnote.
What plan governed the restricted stock units in Heather Lovier’s RKT filing?
The restricted stock units referenced in Heather M. Lovier’s Form 4 were granted under Rocket Companies’ 2020 Omnibus Incentive Plan. Shares were forfeited to satisfy tax withholding obligations when those units vested, as specifically noted in the filing’s explanatory footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
