Bray Jesse K 4

What Happened

• Jesse K. Bray, President & CEO of Rocket Mortgage and a director of Rocket Companies (RKT), received a grant of 418,060 restricted stock units (RSUs) on March 7, 2026. The award is reported at $0 per share at grant (typical for RSU grants) and represents the contingent right to receive one share of Class A common stock for each vested RSU. The RSUs vest in six equal semi-annual installments over three years (each March 7 and September 7), beginning September 7, 2026, subject to continued employment. The grant was made under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan and was exempt under Rule 16b-3 and approved by a committee of independent directors.

Key Details

• Transaction date: 2026-03-07 (Grant/Award)
• Grant amount and price: 418,060 RSUs @ $0.00 (value at grant recorded as $0)
• Vesting: Six equal semi‑annual installments over three years (each Mar 7 & Sep 7), starting Sep 7, 2026, subject to continued employment
• Filing date: Form 4 filed 2026-03-10 (appears timely — within typical two-business-day reporting window)
• Shares owned after transaction: Not specified in the filing
• Notable footnotes:
  • F1: RSUs granted under the 2020 Omnibus Incentive Plan; each RSU converts to one share upon vesting; grant exempt under Rule 16b-3 and approved by independent directors.
  • F2: References shares directly owned by the Jesse K. Bray Living Trust (Bray is trustee; family are beneficiaries).

Context

• This was an equity compensation award (RSUs), not an open‑market purchase or sale. RSU grants are common for executive compensation and do not represent an immediate buy or sell of stock — they only convert to shares if and when they vest. Such awards reflect company compensation decisions rather than a direct trading signal from the insider.