Olson Jon A 4
Research Summary
AI-generated summary
Rocket Lab (RKLB) Director Jon Olson Receives RSU Award
What Happened
- Jon A. Olson, a director of Rocket Lab Corporation (RKLB), received an award of 2,482 restricted stock units (RSUs) on 2026-05-20. The RSUs were granted at $0.00 per share (total $0) as compensation under Rocket Lab’s non-employee director compensation policy and the 2021 Stock Option and Incentive Plan. This is an award (transaction code A), not a market purchase or sale.
Key Details
- Transaction date: 2026-05-20; reported on Form 4 filed 2026-05-22 (timely filing).
- Price: $0.00 per share; total reported value $0 (award of RSUs).
- Quantity: 2,482 RSUs granted.
- Vesting: RSUs vest in full on the earlier of (i) the registrant’s next Annual Meeting of Stockholders or (ii) the one-year anniversary of the grant, subject to continuous board service (per footnote).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: Filed within two business days; not flagged as late.
Context
- RSU grants to non-employee directors are common as part of regular board compensation and do not necessarily signal a buying or selling preference. These RSUs convert into shares only after vesting and continued board service. This was a compensation award rather than a purchase (which some investors view as a stronger signal).