Rocket Companies CEO Varun Krishna Disposes of $2.6M in Stock for Tax Obligations
Rocket Companies, Inc.
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Filing Summary
Rocket Companies, Inc. ($RKT) Form 4 Filing Summary • Insider: Varun Krishna (Chief Executive Officer, Director) • Transaction Date: September 7–8, 2026 • Type: Disposition (Tax Withholding - Code F) • Shares Transacted: 185,258 shares • Average Price: $14.06 • Total Value: ~$2.60M • Remaining Direct Holdings: 1,958,664 shares • Significance: Low (Routine disposition to satisfy tax withholding obligations on RSU vesting)
Comprehensive Analysis
Executive Summary
On September 9, 2026, Rocket Companies, Inc. ($RKT) reported a Form 4 filing for its Chief Executive Officer and Director, Varun Krishna. The filing reflects the forfeiture/disposition of 185,258 shares of Class A common stock across two transactions on September 7 and September 8, 2026, to satisfy tax withholding liabilities arising from the vesting of restricted stock units (RSUs).
Transaction Details
- Security: Class A common stock
- Transaction Dates:
- September 7, 2026: 126,999 shares disposed at $14.06 per share.
- September 8, 2026: 58,259 shares disposed at $14.06 per share.
- Aggregate Disposed Shares: 185,258 shares
- Aggregate Value: $2,604,727.48
- Post-Transaction Direct Holdings: 1,958,664 shares
Analytical Significance
- Trading Code F: The transactions were coded as "F", denoting shares withheld by or delivered to the issuer to cover statutory tax obligations associated with the vesting of equity awards granted under the company's 2020 Omnibus Incentive Plan.
- Market Impact: Because this was an automated tax withholding rather than an open-market discretionary sale, the trading significance is categorized as Low and does not signal a change in executive sentiment or company outlook.
- Ownership Retention: Varun Krishna continues to retain direct ownership of nearly 1.96 million shares of Class A common stock.
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Important Disclaimer
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