Rocket Lab (RKLB) SVP & General Counsel receives 77,189-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kampani Arjun reported acquisition or exercise transactions in this Form 4 filing.
Rocket Lab Corp reported that SVP & General Counsel Arjun Kampani received a grant of 77,189 shares of common stock in the form of restricted stock units under the company’s 2021 Stock Option and Incentive Plan. After this award, he holds 475,177 shares directly.
The RSUs will vest over time: 1/16 vests on March 1, 2028 and 1/16 vests on each March 1, May 22, August 22, and November 22 thereafter, as long as he continues in service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kampani Arjun
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 77,189 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 475,177 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Rocket Lab (RKLB) disclose for Arjun Kampani?
Rocket Lab disclosed that SVP & General Counsel Arjun Kampani received a grant of 77,189 restricted stock units. These RSUs are a stock-based compensation award under the 2021 Stock Option and Incentive Plan, increasing his directly held common stock to 475,177 shares after the transaction.
What is the vesting schedule for Arjun Kampani’s new Rocket Lab RSUs?
The RSUs vest over multiple years. One-sixteenth vests on March 1, 2028, and one-sixteenth vests on each March 1, May 22, August 22, and November 22 thereafter, provided Kampani remains in continuous service through each applicable vesting date.
Are Arjun Kampani’s Rocket Lab RSUs an open-market purchase or compensation grant?
The RSUs are a compensation grant, not an open-market purchase. They were awarded at no cash cost per share under Rocket Lab’s 2021 Stock Option and Incentive Plan, reflecting stock-based compensation rather than a discretionary market transaction by Kampani.
Does the Form 4 for Rocket Lab (RKLB) involve any stock sales by Arjun Kampani?
The Form 4 shows no stock sales by Arjun Kampani. It reports only an acquisition of 77,189 restricted stock units as a grant or award, increasing his holdings, with no dispositions, exercises, gifts, or tax-withholding transactions included in this filing.