Frank Edward H. 4
Research Summary
AI-generated summary
Rocket Lab (RKLB) Director Frank Edward H. Receives 2,482 RSUs
What Happened
- Frank Edward H., a director of Rocket Lab Corporation (RKLB), was granted 2,482 restricted stock units (RSUs) on 2026-05-20. The award was reported at $0.00 per share (no cash exchanged at grant), total reported value $0. This is an equity award (grant), not a purchase or sale.
Key Details
- Transaction date: 2026-05-20; Form filed: 2026-05-22 (timely filing).
- Transaction type/code: Award/Grant (A).
- Grant details: 2,482 RSUs @ $0.00; total value at grant shown as $0.
- Shares owned after transaction: Not specified in the provided filing.
- Vesting/conditions (per footnote): RSUs vest in full on the earlier of (i) the registrant’s next Annual Meeting of Stockholders or (ii) one year from grant, subject to the director’s continuous service through the vesting date.
- No 10b5-1 plan, tax-withholding, or sale information was reported in this filing.
Context
- RSUs are a deferred equity award that converts to actual shares only upon vesting (and may be subject to tax withholding). Grants like this are routine director compensation and do not represent an immediate open-market purchase or sale by the insider.