Rocket Lab COO Frank Klein Sells 35,558 Shares for $2.4 Million
Sale executed under predetermined Rule 10b5-1 trading plan; Klein retains 925,737 shares valued at $62.52 million after transaction.
Overview
Chief Operations Officer Frank Klein reported a sale of 35,558 shares of Rocket Lab Corporation (NASDAQ:RKLB) on Aug. 27, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($66.61); post-transaction value based on Aug. 27, 2026, market close ($67.53).
Details
Headquartered in Long Beach, California, Rocket Lab is an established aerospace and defense company with 2,600 employees that has built a differentiated market position through integrated launch and spacecraft capabilities. The company generated $769.1 million in TTM revenue while investing significantly in growth and innovation, reflected in its current net loss position. With a market capitalization of $40.4 billion and a year-to-date appreciation of 46.01%, Rocket Lab represents a scaled player in the commercial and government space infrastructure sector.
Source
Originally published at www.fool.com.