Rocket Companies CBO Disposes Shares for Tax Obligations

Executive Summary

On October 8, 2026, Rocket Companies, Inc. ($RKT) filed a Form 4 detailing a transaction by Chief Business Officer William D. Banfield. On October 7, 2026, 8,056 shares of Class A common stock were withheld at an execution price of $11.59 per share, totaling approximately $93,369.04, to cover tax withholding obligations upon the vesting of restricted stock units.

Transaction Details

• Insider: William D. Banfield (Chief Business Officer)
• Security: Class A Common Stock
• Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
• Shares Disposed: 8,056 shares
• Price Per Share: $11.59
• Total Disposition Value: $93,369.04
• Remaining Holdings: 3,659,492 shares of Class A common stock (Direct), along with 2,826,979 shares of Class L-2 common stock.

Market and Trading Context

Because this transaction represents a routine disposition (Code F) solely to satisfy tax withholding requirements upon RSU vesting under the Issuer's 2020 Omnibus Incentive Plan, it does not reflect discretionary open-market buying or selling sentiment. The insider retains a multi-million-share equity position in the company, resulting in a low trading significance rating.