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FORM 4
AI

Insider Trading - November 25, 2025

Filed November 25, 2025
·
Period ending November 24, 2025
·
0002001011-25-000108

COO Frank Klein sold 41,782 shares (~$1.7M) via sell-to-cover for RSU taxes.

Brief

Frank Klein, Chief Operations Officer, executed sell-to-cover sales of 41,782 common shares on 11/24/2025 to cover tax withholding from RSU vesting. Transactions at weighted avg prices $40.02-$41.35, post-sale direct holdings 1,274,223 shares. Neutral signal as routine non-discretionary.

Detailed Brief

On November 24, 2025, Frank Klein, Chief Operations Officer of Rocket Lab USA Inc., reported three open-market sales (code S) of common stock totaling 41,782 shares: 10,430 at $40.0247 (range $39.34-$40.33), 31,181 at $40.8576 (range $40.34-$41.33), and 171 at $41.3495 (range $41.34-$41.42). These were 'sell-to-cover' transactions to satisfy tax obligations upon vesting and settlement of previously granted restricted stock units, not discretionary sales. No Rule 10b5-1 plan was indicated. Post-transaction, Klein beneficially owns 1,274,223 shares directly, with no indirect ownership reported. This appears routine with no broader pattern context provided; represents ~3.3% of prior holdings, standard for tax withholding.

Key Telemetry

  • Sold 41,782 shares (~3.3% of holdings) in sell-to-cover for RSU tax withholding.
  • Post-transaction direct shares: 1,274,223; no indirect reported.
  • Routine vesting-related sales at ~$40-41/share; neutral, non-discretionary.
  • No 10b5-1 plan; first reported trade in filing, no historical pattern here.

Impact Vector

This sell-to-cover for RSU taxes signals no change in insider confidence, as it is a mandatory administrative transaction rather than voluntary selling. Neutral impact.

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