Form 4: Bon Salle Disposes COOP Stock Post-Merger

Andrew Bon Salle, a director, disposed of 1,329 shares of Maverick Merger Sub 2, LLC common stock following a merger where Mr. Cooper Group Inc. was acquired by Rocket Companies, Inc.

Summary

• Andrew Bon Salle, identified as a director, reported a change in beneficial ownership.
• He disposed of 1,329 shares of common stock of Maverick Merger Sub 2, LLC.
• This transaction occurred on October 1, 2025.
• The disposal was a direct consequence of an Agreement and Plan of Merger dated March 31, 2025.
• Under the merger, Mr. Cooper Group Inc. was acquired by Rocket Companies, Inc., with Maverick Merger Sub 2, LLC surviving the merger.
• Each share of Mr. Cooper common stock was converted into the right to receive 11 shares of Class A common stock of Rocket Companies, Inc., plus cash for fractional shares.
• Following this reported transaction, Bon Salle beneficially owns 0 shares of Maverick Merger Sub 2, LLC.
• The reporting person is no longer subject to Section 16 reporting obligations for the issuer.

Sentiment

Score: 5

Explanation: Neutral, as this is a mandatory disclosure of a transaction resulting from a merger, not an operational or financial performance update. It simply reports a change in beneficial ownership due to a corporate action.

Future Outlook

NA

Industry Context

This filing reflects a significant consolidation event within the financial services or mortgage servicing industry, where Rocket Companies, Inc. acquired Mr. Cooper Group Inc., indicating a trend towards larger entities in the sector.

Management Changes

Stakeholder Impact

• Shareholders of Mr. Cooper Group Inc., including Andrew Bon Salle, had their shares converted into Class A common stock of Rocket Companies, Inc. as part of the merger consideration.

Key Dates

Keywords

SEC Form 4, Beneficial Ownership, Merger, Acquisition, Rocket Companies, Mr. Cooper Group, COOP, RKT, Insider Transaction, Andrew Bon Salle