Rocket Companies Chief Business Officer Disposes Shares for Tax Withholding

Executive Summary

On September 9, 2026, Rocket Companies, Inc. ($RKT) filed a Form 4 reporting a disposition of Class A common stock by Chief Business Officer William D. Banfield.

Transaction Breakdown

• Insider: William D. Banfield, Chief Business Officer
• Security: Class A common stock
• Transaction Code: F (Payment of tax liability by withholding securities)
• Transaction Date: September 7, 2026
• Shares Withheld: 61,315 shares
• Price Per Share: $14.06
• Total Transaction Value: $862,088.90
• Direct Beneficial Ownership Post-Transaction: 3,667,548 shares of Class A common stock

Additional Holdings & Footnotes

• The shares withheld were forfeited solely to satisfy statutory tax withholding requirements upon the vesting of restricted stock units (RSUs) under the Issuer's 2020 Omnibus Incentive Plan.
• Post-transaction holdings include 2,826,979 shares of Class A common stock previously reported as Class L-1 common stock that converted under the Issuer's Restated Certificate of Incorporation (Rule 16b-3 exempt).
• The reporting person also directly holds 2,826,979 shares of Class L-2 common stock.

Significance

This transaction carries Low trading significance as it represents standard, non-discretionary tax withholding on equity vestings rather than an open-market insider sale.