4Accepted Sep 9, 7:12 PM ET
Rocket (RKT) CEO Jesse K. Bray Forfeits 29,279 Shares for Taxes
Accepted (ET)
7:12 PM
Sep 9, 2026
Filed
Sep 9, 2026
Documents
1
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5.6 KB
Summary
Rocket (RKT) CEO Jesse K. Bray Forfeits 29,279 Shares for Taxes
What Happened Jesse K. Bray, President and CEO of Rocket Mortgage and a director of Rocket Companies (RKT), had 29,279 shares withheld/forfeited to cover tax withholding on vested restricted stock units. The shares were valued at $14.06 each, for a total of $411,663. This was a tax-withholding disposition tied to RSU vesting, a routine administrative transaction rather than an open-market sale.
Key Details
- Transaction date: 2026-09-07; Filing date: 2026-09-09 (timely — within the typical Form 4 reporting window).
- Shares forfeited/withheld: 29,279 at $14.06 per share; total value reported $411,663.
- Shares owned after the transaction: Not disclosed in the provided filing.
- Footnote: F1 — Shares were forfeited to pay tax withholding obligations upon vesting of restricted stock units under the Issuer’s 2020 Omnibus Incentive Plan.
- Transaction type/code: F (payment of tax liability via share withholding); recorded as a disposition (not a purchase).
Context This was a tax-withholding event related to RSU vesting (common for executives) and does not necessarily indicate a change in the insider’s view of the company. Unlike an open-market sale or purchase, withheld shares are surrendered to cover taxes and are routine administrative actions.