Rocket (RKT) CFO Brian Brown Forfeits Shares for Tax Withholding

What Happened
Brian Brown, President and Chief Financial Officer of Rocket Companies (RKT), forfeited a total of 58,717 shares of Class A common stock to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). On 2026-09-07 he forfeited 44,042 shares at $14.06 each (value $619,231) and on 2026-09-08 he forfeited 14,675 shares at $14.06 each (value $206,331), for a combined value of approximately $825,562. This was a tax-withholding disposition of vested RSUs rather than an open-market sale.

Key Details

• Transaction dates and prices: 2026-09-07 — 44,042 shares @ $14.06 (≈ $619,231); 2026-09-08 — 14,675 shares @ $14.06 (≈ $206,331).
• Total shares forfeited: 58,717; total value ≈ $825,562.
• Shares owned after the transactions: not specified in the provided excerpt (see the full Form 4 for post-transaction holdings).
• Footnotes: F1 — shares were forfeited to pay tax withholding on RSU vesting. F2 — filing notes conversion of 395,777 shares from Class L-1 to Class A common stock per the company charter; that conversion was exempt under Rule 16b-3.
• Filing timeliness: Form 4 was filed 2026-09-09 for transactions on 2026-09-07 and 2026-09-08; this appears to be a timely disclosure.

Context
Forfeiting shares to cover tax withholding on vested RSUs is a common, administrative transaction and does not necessarily signal the insider's view of the company's prospects. This was not an open-market sale for cash — shares were surrendered to settle withholding obligations.