4 - December 30, 2025 | SEC Filings

Brief

On 12/23/2025, Director Edward H. Frank disposed of 2,500 common shares via sale at $77.3887 per share and 5,000 shares via gift. Following these transactions, his direct beneficial ownership stands at 142,504 shares.

Detailed Brief

This Form 4 filing discloses routine insider transactions by Director Edward H. Frank, with no indication of 10b5-1 trading plan activity. The sale of 2,500 shares at $77.39 and gift of 5,000 shares reduce his direct stake by 7,500 shares to 142,504. While such transactions are standard for personal liquidity or tax planning, investors should monitor for patterns in insider activity as Rocket Lab advances its Neutron medium-lift vehicle development and scales Electron launch cadence. The transaction size is immaterial to Rocket Lab’s capital structure and does not signal changes to the company’s orbital expansion strategy or financial trajectory.

Key Telemetry

• Transaction Date: 12/23/2025 (Sale: 2,500 shares @ $77.39; Gift: 5,000 shares)
• Ownership Impact: Direct stake reduced to 142,504 common shares post-transaction
• Filing Type: Form 4 (non-10b5-1), filed 12/30/2025 by Director Edward H. Frank
• Security: Rocket Lab Common Stock (RKLB), no derivative securities involved

Impact Vector

These insider transactions are immaterial to Rocket Lab’s launch operations, Neutron vehicle timeline, or financial guidance. The sale represents <0.01% of Rocket Lab’s ~450M shares outstanding, with no signal on revenue trajectory or launch cadence. Investors should disregard this filing as a routine liquidity event and maintain focus on key catalysts: Neutron development milestones, Electron launch manifest execution, and space systems revenue growth. No material risks or strategic pivots are indicated.