Malhotra Shawn 4

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

AI-generated summary of this filing

Updated Mar 10, 2026

Rocket Companies (RKT) CTO Shawn Malhotra Receives RSU Award

What Happened

Shawn Malhotra, Chief Technology Officer of Rocket Companies (RKT), received a grant of 250,836 restricted stock units (RSUs) on March 7, 2026 (grant value reported as $0.00 per share because these are RSUs). To satisfy tax withholding upon the award, 15,723 shares were forfeited/withheld at an effective price of $14.95 per share, equal to approximately $235,059 (reported as a disposition).

Key Details

Transaction dates: March 7, 2026 (award and tax-withholding share surrender); Form 4 filed March 10, 2026.
Award: 250,836 RSUs granted under the 2020 Omnibus Incentive Plan (reported as acquisition A at $0.00).
Tax withholding: 15,723 shares forfeited/disposed at $14.95 each for $235,059 (transaction code F).
Shares owned after transaction: not disclosed in the filing.
Footnotes: F1 explains the RSUs are contingent rights to receive one share per vested RSU and vest in six equal semi-annual installments over three years (first vesting Sep 7, 2026). F2 confirms the 15,723 shares were forfeited to pay tax withholding obligations.
Filing timeliness: filing dated Mar 10, 2026, reporting the Mar 7, 2026 transaction (the filing shows the report period and filing date; the form does not flag a late filing).

Context

RSU grants are awards that convert to stock only as they vest; the grant itself is not an immediate market purchase. The share forfeiture is a routine tax-withholding action (similar to a cashless sell) and does not necessarily signal a change in the insider’s view of the company.

Form 4

Period: 2026-03-07

Chief Technology Officer

Transactions

Award
Class A common stock
[F1]
2026-03-07+250,836→ 987,229 total
Tax Payment
Class A common stock
[F2]
2026-03-07$14.95/sh−15,723$235,059→ 971,506 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

1 file