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FORM SCHEDULE 13G/A

Ownership Report - March 27, 2026

Filed March 27, 2026
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0000102909-26-002246

Vanguard Group reports 0% ownership in Rocket Lab post-internal realignment.

Brief

This Schedule 13G/A (Amendment No. 5) discloses that The Vanguard Group beneficially owns 0 shares (0%) of Rocket Lab Corp's common stock as of March 13, 2026. The change results from Vanguard's internal realignment on January 12, 2026, where subsidiaries now report beneficial ownership separately per SEC Release No. 34-39538. Investors should note this is a reporting adjustment, not a reduction in underlying Vanguard-affiliated holdings.

Detailed Brief

The Vanguard Group, an investment adviser (Type IA), filed this amendment to its prior Schedule 13G filings for Rocket Lab Corp (NASDAQ: RKLB, CUSIP 773122106) on March 27, 2026, reporting the date of event as March 13, 2026. Due to an internal realignment effective January 12, 2026, certain subsidiaries and business divisions previously deemed to share beneficial ownership with Vanguard will now file disaggregated 13G reports independently, in line with SEC interpretive release 34-39538. Consequently, Vanguard itself reports zero shares beneficially owned, with no sole or shared voting or dispositive power (Items 4, 5). Item 6 notes that Vanguard-managed investment companies and accounts retain rights to dividends or sale proceeds, but no single other person's interest exceeds 5%. This filing terminates Vanguard's prior >5% reporting status without indicating actual sales, merely a structural shift in reporting obligations.

For Rocket Lab investors, this has no direct impact on share ownership or control, as the securities remain held by Vanguard entities pursuing identical strategies. It reflects standard practice for large asset managers like Vanguard to disaggregate filings post-reorganization, ensuring transparency without altering economic exposure to RKLB's space launch and satellite business.

Key Telemetry

  • Vanguard Group beneficially owns 0 shares (0%) of RKLB common stock as of 03/13/2026.
  • Internal realignment on 01/12/2026 led subsidiaries to report ownership separately per SEC guidance.
  • This is Amendment No. 5 to Schedule 13G, filed under passive investor rules (Rule 13d-1(c) implied).
  • No voting or dispositive power reported by Vanguard; managed accounts retain dividend/sale rights.
  • Filing confirms no single other Vanguard-related interest exceeds 5%.

Impact Vector

This filing signals no material change for Rocket Lab investors, as it merely adjusts Vanguard's reporting structure without reducing overall institutional ownership by Vanguard affiliates, which continue identical investment strategies. Near-term stock implications are negligible, with no shift in control, activism, or liquidity. Investors should monitor future 13G filings from Vanguard subsidiaries for detailed ownership breakdowns and track RKLB's operational metrics like launch cadence amid competitive space sector dynamics.

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