Malhotra Shawn 4

What Happened
Shawn Malhotra, Chief Technology Officer of Rocket Companies (RKT), had 52,484 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. The withholding was executed at $14.09 per share, representing a notional value of approximately $739,500. This was a tax-withholding/forfeiture transaction (code F), not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-05-06 at $14.09 per share (total notional value ~$739,500)
• Shares affected: 52,484 shares were forfeited/withheld
• Shares owned after transaction: Not disclosed in the provided filing
• Footnote: F1 — Shares were forfeited to pay tax withholding upon RSU vesting under the Issuer's 2020 Omnibus Incentive Plan
• Filing timeliness: Report filed 2026-05-07 for a 2026-05-06 transaction (appears timely; Form 4s are generally due within two business days)

Context
This was a routine tax-withholding transaction tied to RSU vesting (a common, non-market action). Such forfeitures are a cashless way to meet tax obligations and do not necessarily indicate insider sentiment about the company. Transaction code F denotes tax withholding rather than a sale (S) or purchase (P).