4Accepted Oct 8, 4:11 PM ET
Rocket Companies: Chief Technology Officer Shawn Malhotra sold 13,751 shares
Accepted (ET)
4:11 PM
Oct 8, 2026
Filed
Oct 8, 2026
Documents
1
Size
4.9 KB
Summary
Rocket Companies: Chief Technology Officer Shawn Malhotra sold 13,751 shares
What happened
- Shawn Malhotra, chief technology officer, forfeited 13,751 shares to satisfy tax withholding upon the vesting of restricted stock units. The filing shows a price of $11.59 per share and a total value of $159,374. The transaction date reported is Oct 7, 2026.
Key details
- Transaction date and price: Oct 7, 2026 — 13,751 shares at $11.59 (transaction code F: payment of exercise price or tax liability).
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnote: F1 states these shares were forfeited to pay tax withholding obligations upon the vesting of restricted stock units granted under the issuer’s 2020 Omnibus Incentive Plan.
- Filing date: Oct 8, 2026; the filing does not indicate it was filed late.
Why it may matter
- This was a tax-withholding forfeiture tied to RSU vesting, not an open-market sale.
- A filing does not show why the insider traded or why the company acted.