Form 4: Rocket Companies Director Sells Shares Under 10b5-1 Plan

Rocket Companies Director Matthew Rizik sold 5,000 shares of Class A common stock in late December 2025 under a pre-arranged trading plan.

Summary

• Matthew Rizik, a Director of Rocket Companies, Inc. (RKT), reported the sale of 5,000 shares of Class A common stock.
• The sales occurred over two days: 2,500 shares on December 29, 2025, and another 2,500 shares on December 30, 2025.
• The shares sold on December 29, 2025, had a weighted average price of $19.2469, with transactions ranging from $19.12 to $19.40 per share.
• The shares sold on December 30, 2025, had a weighted average price of $19.8805, with transactions ranging from $19.50 to $20.165 per share.
• These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Rizik on August 11, 2025.
• Following these transactions, Mr. Rizik directly beneficially owns 1,058,536 shares of Class A common stock.
• Mr. Rizik also directly owns 2,511,005 shares of Class L-1 common stock and 2,361,005 shares of Class L-2 common stock.
• Additionally, Mr. Rizik indirectly owns 675,000 shares of Class L-1 common stock and 825,000 shares of Class L-2 common stock through grantor retained annuity trusts (GRATs).

Sentiment

Score: 4

Explanation: The filing reports an insider sale, which is generally viewed as a slight negative. However, the sale was conducted under a pre-arranged 10b5-1 trading plan, which mitigates the immediate signaling effect of the transaction, suggesting it was not based on new, undisclosed material information.

Negatives

• A director of Rocket Companies sold 5,000 shares of Class A common stock, reducing their direct beneficial ownership.

Risks

• Insider selling, even under a pre-arranged plan, can sometimes be perceived by the market as a lack of confidence, potentially impacting investor sentiment.

Stakeholder Impact

• Shareholders may observe a reduction in a director's direct equity stake, which could influence sentiment, though the 10b5-1 plan context suggests a pre-planned divestment rather than a reaction to recent events.

Key Dates

Keywords

Rocket Companies, RKT, Insider Sale, Form 4, Matthew Rizik, 10b5-1 Plan, Class A Common Stock