4 - January 15, 2026 | SEC Filings

Brief

Director Merline Saintil disposed of a total of 108,500 shares in two transactions: contributing 96,000 shares to an exchange fund at $86.58 per share and selling 12,500 shares automatically under a Rule 10b5-1 plan at $90 per share. This represents a neutral signal, as the sales were part of a pre-arranged trading plan with one discretionary element.

Detailed Brief

On January 13, 2026, Director Merline Saintil contributed 96,000 shares of Rocket Lab Corp (RKLB) common stock to an exchange fund at $86.58 per share, reducing her direct holdings to 292,529 shares. The following day, on January 14, 2026, she sold 12,500 shares at $90 per share pursuant to a Rule 10b5-1 trading plan she adopted on September 17, 2025, resulting in final direct holdings of 280,029 shares. The exchange fund contribution is a discretionary disposal not explicitly tied to the 10b5-1 plan, while the smaller sale aligns with automated execution. This appears to be part of ongoing portfolio management, with no prior transaction history provided in the filing to establish patterns, though the 10b5-1 adoption suggests planning for systematic selling.

Key Telemetry

• Total shares disposed (108,500) represent about 28% of pre-transaction direct holdings (388,529 shares), indicating a significant reduction in her position.

• The 12,500-share sale was executed automatically under a Rule 10b5-1 plan adopted in September 2025, while the 96,000-share contribution to an exchange fund lacked such a plan association.

• Transactions occurred at prices of $86.58 and $90, but without 52-week context or market data, bullish/bearish price signals cannot be determined.

• No specific timing ties to earnings, announcements, or known events around January 2026.

Impact Vector

This transaction signals neutral insider confidence, as the majority of sales were pre-planned under a 10b5-1 rule for tax or diversification purposes, which mitigates bearish interpretations typically associated with discretionary director sales; however, the discretionary exchange fund contribution adds a moderate bearish element due to the substantial holdings reduction.