Krishna Varun 4

4 · Rocket Companies, Inc. · Filed Mar 10, 2026

AI-generated summary of this filing

Updated Mar 10, 2026

Rocket Companies CEO Krishna Varun Receives RSU Award; Sells Shares

What Happened

Krishna Varun, CEO of Rocket Companies (RKT), received a grant of 1,003,344 restricted stock units (RSUs) on 2026-03-07 (code A). Each RSU represents the contingent right to one share of Class A common stock.
To satisfy tax withholding obligations (code F), Varun had 52,082 shares forfeited on 2026-03-07 and 58,259 shares forfeited on 2026-03-08 at $14.95 per share, totaling 110,341 shares and approximately $1,649,598 in value. These forfeitures are routine tax-withholding transactions, not open-market sales.

Key Details

Transaction dates and prices:
- 2026-03-07: RSU grant — 1,003,344 RSUs @ $0.00 (award)
- 2026-03-07: Tax withholding — 52,082 shares @ $14.95 = $778,626 (forfeited)
- 2026-03-08: Tax withholding — 58,259 shares @ $14.95 = $870,972 (forfeited)
Shares owned after transaction: Not stated in the filing.
Footnotes: RSUs granted under the 2020 Omnibus Incentive Plan; RSUs vest in six equal semi-annual installments over three years (first vesting 2026-09-07). F2 notes the forfeited shares were to pay tax withholding on RSU vesting.
Filing: Form 4 filed 2026-03-10 (no late-filing indication in the document).

Context

RSUs are awards that convert to shares upon vesting; this grant increases Varun’s potential future ownership but does not immediately transfer marketable shares to him.
The forfeiture of shares to cover taxes is a common, administrative (cashless) action and typically should not be read as a bearish signal—these are routine withholdings associated with equity compensation.

Form 4

Period: 2026-03-07

DirectorChief Executive Officer

Transactions

Award
Class A common stock
[F1]
2026-03-07+1,003,344→ 2,254,263 total
Tax Payment
Class A common stock
[F2]
2026-03-07$14.95/sh−52,082$778,626→ 2,202,181 total
Tax Payment
Class A common stock
[F2]
2026-03-08$14.95/sh−58,259$870,972→ 2,143,922 total

Footnotes (2)

[F1]Represents restricted stock units ("RSUs") granted under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3 and approved by a committee of independent directors. Each RSU represents the contingent right to receive one share of Class A common stock of the Issuer for each vested RSU. The RSUs were granted to the Reporting Person on March 7, 2026 and will vest in six equal, semi-annual installments over three years on each March 7 and September 7, with the initial vesting date on September 7, 2026, subject to the Reporting Person's continued employment on the applicable vesting date.
[F2]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.

Signature

/s/ Elisabeth Gormley, attorney in fact|2026-03-10

4 files