4Filed Aug 25, 8:00 PM ET
Rocket Lab (RKLB) VP Controller Agostino Ricupati Sells Shares
$RKLB · Rocket Lab CorpResearch Summary
AI-generated summary of this SEC filing
Rocket Lab (RKLB) VP Controller Agostino Ricupati Sells Shares
What Happened
Agostino Ricupati, Vice President, Corporate Controller & CAO of Rocket Lab (RKLB), sold a total of 669 Rocket Lab shares in open-market transactions on August 24, 2026, generating about $46,581. The reported sales were: 619 shares at a $69.53 weighted-average price ($43,042), 20 shares at $70.20 ($1,404), and 30 shares at $71.17 (~$2,135). These sales were reported on a Form 4 filed August 26, 2026.
Key Details
- Transaction date: August 24, 2026; Form 4 filed August 26, 2026 (timely filing within standard 2-business-day window).
- Sales: 619 shares @ $69.53 ($43,042); 20 shares @ $70.20 ($1,404); 30 shares @ $71.17 (~$2,135). Total ~669 shares, ~$46.6K.
- Footnotes: sale(s) were made to satisfy tax withholding obligations for vested restricted stock units (sell-to-cover). Two reported prices are weighted averages with reported ranges of $69.00–$69.99 and $70.00–$70.64; the reporting person can provide breakdowns by price upon request.
- Shares owned after the transactions: not specified in the details provided in your summary.
Context
- These were sales (not purchases). Sell-to-cover transactions are common when restricted stock units vest and the holder sells shares to cover taxes; such sales are generally considered routine and do not necessarily indicate a change in an insider’s view of the company.
- If you track insider activity for investment signals, purchases typically carry more informational weight than routine sell-to-cover sales.