Frank Edward H. 4

What Happened Frank Edward H., a director of Rocket Lab Corp (RKLB), transferred 91,373 shares of common stock on May 29, 2026. The Form 4 lists the transaction as a gift (code G) with a reported price of $0.00 per share (total $0). The filing shows both a disposition and an acquisition entry because the shares were moved into a family trust of which he is a trustee.

Key Details

• Transaction date: May 29, 2026; Form filed: June 2, 2026 (the filing appears to be within the normal 2-business-day Form 4 window).
• Price: $0.00 per share; Total reported cash = $0 (gift transfer).
• Shares involved: 91,373 shares transferred.
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnote: The transfer was made to a family trust where the reporting person is a trustee and immediate family members are beneficiaries (footnote F1).
• Transaction code: G = gift.

Context Gifts to family trusts are commonly used for estate or family planning and do not necessarily indicate the insider's view of the company’s prospects. Because no cash changed hands, this is not a purchase or sale for investment purposes and should be treated differently than open-market buys or sells.