Slusky Alexander R 4
Research Summary
AI-generated summary
Rocket Lab (RKLB) Director Alexander Slusky Receives RSU Award
What Happened
- Alexander R. Slusky, a member of Rocket Lab's Board of Directors, received a grant of 2,482 restricted stock units (RSUs) on 2026-05-20. The reported acquisition price is $0.00 (these are compensation awards, not an open‑market purchase or sale).
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (timely filing).
- Grant: 2,482 RSUs, $0.00 acquisition price.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote F1: RSUs vest in full on the earlier of the company’s next Annual Meeting of Stockholders or the one‑year anniversary of the grant, subject to continued board service.
- Footnote F2: Some Rocket Lab shares are held by Abalone Cove LLLP, a partnership where Slusky is sole general partner and, with his spouse, the sole limited partners (discloses how some holdings are held).
Context
- RSU grants are compensation, not a market purchase or sale; they typically reflect board compensation rather than an immediate signal about the insider’s view of the stock.
- Vesting condition means the shares will only convert to actual stock if Slusky remains a director through the vesting date.