Mildenhall Jonathan 4

What Happened Jonathan Mildenhall, Chief Marketing Officer of Rocket Companies (RKT), was granted 234,113 restricted stock units (RSUs) on March 7, 2026 (reported on a Form 4 filed March 10, 2026). The RSUs were issued at $0.00 (each RSU converts to one share upon vesting). To cover tax withholding obligations when RSUs vest, 60,949 shares were surrendered/forfeited at a reported price of $14.95 per share, generating proceeds of about $911,188 (disposition code F).

Key Details

• Transaction date: March 7, 2026 (Form 4 filed March 10, 2026).
• Grant: 234,113 RSUs (code A) granted at $0.00; aggregate acquisition value reported as $0.
• Tax withholding: 60,949 shares forfeited to satisfy withholding at $14.95/share = $911,188 (code F).
• Vesting: RSUs vest in six equal semi-annual installments over three years (each March 7 and September 7), starting September 7, 2026, subject to continued employment (see footnote F1).
• Approval/exemption: Grant made under the 2020 Omnibus Incentive Plan, exempt under Rule 16b-3 and approved by a committee of independent directors (footnote F1).
• Footnote F2 clarifies the 60,949 shares were forfeited specifically to cover tax withholding.
• Shares owned after the transaction: Not stated in the provided filing.
• Exhibits: Power of Attorney included as Exhibit 24.1.

Context This filing reflects a compensation award (RSUs) rather than an open-market purchase or directive insider sale. RSU grants are common executive compensation and typically vest over time, so they do not necessarily indicate immediate bullish or bearish trading by the insider. The forfeiture of shares to cover taxes is a routine, administrative step when equity awards vest.