Linsley Wayne 4
4 · Rocket One Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Rocket One (RKTO) Director Linsley Wayne Receives 75,000-Share Award
What Happened
Linsley Wayne, a director of Rocket One Inc. (RKTO), received a derivative award of 75,000 shares on May 26, 2026. The Form 4 reports the acquisition as a grant/award (code A) at $0.00, meaning no cash was paid at grant. A footnote states the awards were issued under Rocket One’s Amended and Restated 2022 Omnibus Equity Incentive Plan and vested in full upon grant.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-28. (Filing shows the transaction date and the filing date; no late filing is indicated.)
- Reported transaction: 75,000 derivative shares/options acquired at $0.00 (grant/award).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnote: Awards issued under the company’s 2022 Omnibus Equity Incentive Plan and vested in full upon grant.
- Transaction type: Derivative award (not an open-market purchase or sale).
Context
This was an equity award/option grant that vested immediately per the filing—distinct from an open-market purchase or sale. Derivative awards can be compensation or retention tools; because they vested on grant, the director gains immediate ownership rights under the plan terms. The Form 4 does not state any immediate sale or cashless exercise; market value would depend on RKTO’s share price on or after the grant date.
Insider Transaction Report
- Award
Options
[F1]2026-05-26+75,000→ 75,000 totalExercise: $0.71From: 2026-05-26Exp: 2036-05-26→ Common Stock (75,000 underlying)
Footnotes (1)
- [F1]The options were issued pursuant to the Rocket One Inc. Amended and Restated 2022 Omnibus Equity Incentive Plan, as amended, and vested in full upon grant.