Rocket (RKT) CAO Noah Edwards Forfeits 12,009 Shares for Taxes

What Happened
Noah A. Edwards, Chief Accounting Officer of Rocket Companies, disposed of 12,009 shares on 2026-09-07 by forfeiting them to cover tax withholding obligations related to vested restricted stock units (RSUs). The transaction used a per-share value of $14.06, totaling approximately $168,847. This was a tax-withholding action (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-07; price used: $14.06 per share.
• Shares forfeited/disposed: 12,009; total value ≈ $168,847.
• Footnote: Shares were forfeited to pay tax withholding on RSUs granted under the company's 2020 Omnibus Incentive Plan.
• Filing type: tax withholding/cashless settlement of vested RSUs (code F) — routine compensation withholding, not a directional trade.
• Shares owned after transaction: not specified in the provided filing excerpt.
• No late filing was indicated in the information provided.

Context
Forfeiting shares to cover taxes is a common administrative step when RSUs vest; it reduces the insider's share count but is not the same as an open-market sale and typically shouldn't be interpreted as a bearish signal on its own.