Rocket Companies Director Matthew Rizik Exercises and Cash-Settles RSUs

Insider Filing Analysis: Rocket Companies, Inc. (NYSE: RKT)

Executive Summary

On September 9, 2026, Rocket Companies, Inc. filed a Form 4 reporting transactions by Director Matthew Rizik. The filing discloses the vesting and subsequent automatic cash settlement of 14,796 Cash-Settled Restricted Stock Units (RSUs) on September 7, 2026, executed at a settlement price of $14.06 per share, totaling approximately $208,032.

Transaction Details

• Security: Class A common stock
• Transaction Codes:
  • M (Exercise/Conversion): Acquisition of 14,796 Class A shares upon vesting of cash-settled RSUs.
  • J (Other/Settlement): Disposition of 14,796 shares at $14.06 per share via automatic cash settlement.
• Direct Ownership Post-Transaction: 2,424,541 Class A common shares directly owned.
• Indirect Holdings:
  • 675,000 Class A shares held via Grantor Retained Annuity Trust (GRAT).
  • 1,125,000 Class A shares held via GRAT No. 2.
  • Additional Class L-2 common stock holdings directly (986,005 shares) and through trusts (2,200,000 shares).

Market & Trading Significance

This transaction represents a routine, scheduled vesting and cash settlement under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan rather than a discretionary open-market sale or purchase. Because the disposition was non-discretionary and the insider retains over 4.2 million total Class A common shares (direct and indirect), this event carries Low trading significance.