Lovier Heather M. 4

What Happened
Heather M. Lovier, Chief Operating Officer of Rocket Companies, was granted 250,836 restricted stock units (RSUs) on March 7, 2026 (reported on Form 4 filed March 10, 2026). The grant is reported as an award (code A) with an acquisition price of $0.00. On the same date 43,179 shares were disposed (code F) at $14.95 per share — these shares were forfeited to satisfy tax withholding obligations, with a reported withholding value of $645,526.

Key Details

• Transaction date(s): March 7, 2026 (report filed March 10, 2026).
• Grant: 250,836 RSUs (reported at $0.00). RSUs represent the right to receive one share per vested RSU.
• Tax withholding: 43,179 shares forfeited at $14.95/share = $645,526 (to satisfy tax withholding).
• Vesting terms (footnote): RSUs vest in six equal semi-annual installments over three years (March 7 & September 7), beginning September 7, 2026, subject to continued employment.
• Shares owned after the transaction: not specified in the filing.
• Filing exhibits: Exhibit 24.1 Power of Attorney included.
• Transaction codes: A = Award/Grant; F = shares withheld for tax obligations.

Context

• RSU grants are non-cash awards that vest over time; this transaction is an award, not an open-market purchase or sale driven by immediate trading intent.
• The forfeiture of shares (code F) is a routine administrative step to cover tax withholding when awards vest or are subject to tax — it is not the same as an open-market sale indicating a bearish signal.
• No indication in the filing of a 10b5-1 plan, gift, or option exercise beyond the RSU grant and withholding.

This summary is factual and based on the Form 4 reporting the award and tax-withholding disposition; it does not attempt to infer Lovier’s personal motives.