Rocket Companies CTO Withholds Shares for Tax Obligations

Executive Summary

On October 8, 2026, Rocket Companies, Inc. ($RKT) filed a Form 4 on behalf of Chief Technology Officer Shawn Malhotra. The filing reported a transaction executed on October 7, 2026, where 13,751 shares of Class A common stock were withheld to satisfy tax liabilities associated with the vesting of restricted stock units (RSUs).

Transaction Breakdown

• Insider: Shawn Malhotra, Chief Technology Officer
• Date of Transaction: October 7, 2026
• Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
• Shares Withheld: 13,751
• Price per Share: $11.59
• Gross Value: $159,374.09
• Post-Transaction Direct Holdings: 853,590 shares

Market & Trading Significance

This transaction carries Low significance. It does not represent open-market selling or an active decision to trim exposure to company stock. Instead, Code F transactions are non-discretionary administrative events where shares are forfeited back to the company solely to satisfy statutory withholding taxes upon the vesting of equity awards under Rocket's 2020 Omnibus Incentive Plan. The insider continues to retain a substantial holding of 853,590 shares.