Olson Tagar 4
Research Summary
AI-generated summary
Rocket Companies (RKT) Director Olson Tagar Receives 11,255 RSUs
What Happened
Director Olson Tagar was granted 11,255 restricted stock units (RSUs) in Rocket Companies, Inc. on June 10, 2026. The reported acquisition price is $0.00, so the grant had no immediate cash purchase value; each RSU represents the contingent right to one share of Class A common stock upon vesting.
Key Details
- Transaction type: Award/Grant (code A) of 11,255 RSUs on 2026-06-10. Report filed 2026-06-11 (timely).
- Reported price per unit: $0.00; total reported value: $0.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Footnote: RSUs were granted under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan and are exempt under Rule 16b-3.
- Vesting: RSUs vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of stockholders.
- Exhibit: Exhibit 24.1 (Power of Attorney) noted in the filing.
Context
RSU grants are compensatory awards and do not represent an immediate market purchase or sale. Each unit converts to one share only if and when it vests, so this grant does not by itself indicate insider buying or selling intent. Rule 16b-3 exemption is standard for grants to corporate insiders under equity compensation plans.
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