Rocket Companies, INC Schedule 13D activist filings

Daniel Gilbert and related entities' aggregate ownership in Rocket Companies, Inc. has been diluted to 57.12% following the issuance of shares for the Mr. Cooper Group Inc. acquisition and other issuances.

ValueAct Capital and its affiliates have reduced their beneficial ownership in Rocket Companies, Inc. to 4.3% of Class A Common Stock following the Mr. Cooper acquisition.

ValueAct Master Fund has increased its beneficial ownership in Rocket Companies, Inc. to 9.9% through recent open market purchases totaling over 2.6 million shares.

ValueAct Capital and its affiliates have increased their beneficial ownership in Rocket Companies, Inc. to 8.9% of Class A Common Stock, totaling 22,704,955 shares, following recent open market purchases and in the context of Rocket's all-stock acquisition of Redfin Corporation.

Rocket Companies, Inc. announced a comprehensive corporate restructuring to collapse its Up-C structure, simplify its capital stock to two classes, and provide a special cash dividend to Class A common stockholders, effective June 30, 2025.

ValueAct Capital Master Fund has increased its beneficial ownership in Rocket Companies, Inc. to 7.7% of outstanding Class A Common Stock, acquiring an additional 4.6 million shares as a result of Rocket's all-stock acquisition of Redfin Corporation.

Activist investor ValueAct Capital has revealed a 9.9% beneficial ownership stake in Rocket Companies, Inc., stating its belief that the Class A Common Stock is undervalued and represents an attractive investment opportunity.