Rocket Lab (RKLB) director sells 18,126 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rocket Lab Corp director Merline Saintil reported an open-market sale of common stock. On the reported date, she sold 18,126 shares at a weighted-average price of $75.0398 per share in multiple transactions within a narrow price range.
After this sale, Saintil directly holds 261,903 Rocket Lab common shares. The filing notes that the reported price reflects a weighted average and that detailed trade prices within the $75.0000–$75.0950 range are available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,126 shares ($1,360,171)
Net Sell
1 txn
Insider
Saintil Merline
Role
Director
Sold
18,126 shs ($1.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,126 | $75.0398 | $1.36M |
Holdings After Transaction:
Common Stock — 261,903 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Rocket Lab (RKLB) director Merline Saintil report?
Merline Saintil reported selling 18,126 shares of Rocket Lab common stock in an open-market transaction. The sale was executed at a weighted-average price of $75.0398 per share, with individual trades occurring between $75.0000 and $75.0950 according to the Form 4 disclosure.
Was Merline Saintil’s Rocket Lab (RKLB) stock transaction a buy or a sell?
The Form 4 shows that Merline Saintil executed a sale of Rocket Lab common stock. The transaction is coded as “S” for sale and described as an open-market sale, with 18,126 shares sold at a weighted-average price reported in the document.
What does the weighted-average price mean in Merline Saintil’s Rocket Lab (RKLB) Form 4?
The weighted-average price of $75.0398 reflects the average price of all Rocket Lab shares sold in the transaction. Individual trades occurred between $75.0000 and $75.0950, and detailed breakdowns by exact price level are available from the company or SEC staff if requested.