Rocket Companies CMO Disposes Shares for Tax Withholding
Rocket Companies, Inc.
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Filing Summary
🚀 Rocket Companies, Inc. ($RKT) Form 4 Filing Update
Insider: Jonathan Mildenhall (Chief Marketing Officer) Transaction Date: October 7, 2026 Action: Disposition (Code F - Tax Withholding) Shares Transacted: 12,860 @ $11.59 (~$149,047) Remaining Ownership: 795,797 shares (Direct)
Note: This transaction represents mandatory share withholding to cover tax obligations upon RSU vesting and is not an open-market discretionary sale.
Comprehensive Analysis
Executive Summary
On October 8, 2026, Rocket Companies, Inc. ($RKT) filed a Form 4 disclosure reporting a transaction by Chief Marketing Officer Jonathan Mildenhall. On October 7, 2026, 12,860 shares of Class A common stock were withheld at an execution price of $11.59 per share, totaling approximately $149,047.40, to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).
Transaction Details
- Reporting Person: Jonathan Mildenhall
- Role: Chief Marketing Officer
- Security: Class A common stock
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Shares Withheld: 12,860
- Price Per Share: $11.59
- Total Value: $149,047.40
- Direct Ownership Post-Transaction: 795,797 shares
Significance & Market Context
The transaction carries Low informational significance for investors. Transaction code 'F' indicates non-discretionary share withholding to satisfy standard statutory tax requirements upon the vesting of equity awards under the Issuer's 2020 Omnibus Incentive Plan. The officer did not initiate an open-market trade, and retains a significant direct holding of 795,797 shares.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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