Slusky Alexander R 4
Research Summary
AI-generated summary
Rocket Lab (RKLB) Director Alexander Slusky Sells Shares
What Happened
Alexander R. Slusky, a director of Rocket Lab Corp (RKLB), reported the sale of 40,000 shares on 2026-06-02 at $123.60 per share, generating approximately $4,944,000. The transaction is reported as a sale (S) and was disclosed on a Form 4 filed on 2026-06-05. Sales are often routine and do not necessarily indicate a change in company outlook.
Key Details
- Transaction date: 2026-06-02; reported filing date: 2026-06-05.
- Price and size: 40,000 shares at $123.60 each, total proceeds ~$4,944,000.
- Transaction type: Sale (code S) — reported as open market or private sale.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Shares sold are held by Abalone Cove LLLP; Slusky is the sole general partner and, together with his spouse, the sole limited partners (F1).
- Timeliness: Filed three days after the trade date (appears later than the standard two-business-day Form 4 deadline).
Context
- This was a straight sale of existing shares (not an option exercise or award).
- The shares were held via a family partnership (Abalone Cove LLLP), indicating the sale was of partnership-held stock rather than newly issued shares.
- No 10b5-1 plan, tax-withholding, or other special conditions were disclosed in the filing.
This summary is factual and does not speculate on motivations behind the sale.