Mildenhall Jonathan 4
Research Summary
AI-generated summary
Rocket Companies CMO Jonathan Mildenhall Sells 12,860 Shares
What Happened
- Jonathan Mildenhall, Chief Marketing Officer of Rocket Companies (RKT), had 12,860 shares forfeited/returned to the company to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $15.03 each, for a total of about $193,286. This is a tax-withholding share surrender (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-07; Filing date: 2026-04-08 (timely).
- Price per share: $15.03; Shares affected: 12,860; Total value: ~$193,286.
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — Shares forfeited to pay tax withholding upon vesting of RSUs granted under the Issuer’s 2020 Omnibus Incentive Plan.
- Transaction type/code: F (payment of exercise price or tax liability — here, tax withholding).
Context
- This was a routine share-for-tax-withholding event on vested RSUs (cashless withholding), common when equity awards vest; it does not represent an open-market disposition that signals a directional trade decision. No 10b5-1 plan or late filing issues were indicated.