FolioLantern
RKLBRocket Lab Corp · Insider ownership research

Rocket Lab Corp insiders sold $683M in the past 12 months. How much of their stake is that?

About 29% overall. As a group they still hold 80% of their starting shares. These figures leave out Peter Beck, the largest holder (holdings couldn't be fully reconciled).

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 149 of the 156 other companies we can measure (#8 of 157)See ranking
0
buyers among officers and directors, past 12 months
93%
of sales were under disclosed trading plans, past 12 months
11 of 13
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026
Oct 1, 2026Adam Spice sold 140K shares ($9.9M) under a disclosed trading plan. That is 9.1% of the total stake held that day. 140K shares came in from vesting or option exercises the same day, so the holding rose by 0 net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Adam Spice
Chief Financial Officer
140,157$70.829.1%1.41MOct 1, 2026Oct 2, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? More than usual: about 5x the 5-year average. 11 insiders sold; the average is 4 a year. Year by year
Latest filing: Filed Oct 2 for a sale on Oct 1. Adam Spice sold 140K shares ($9.9M) under a disclosed plan. Filing
64 SEC ownership filings in the period · See the evidence

What stands out

Three insiders sold more than 25% of vested holdings: Arjun Kampani (65% of holdings, $33.5M, 68% under a disclosed plan), Frank Klein (30% of holdings, $32.2M, 95% under a disclosed plan) and Alexander Slusky (26% of holdings, $25.7M, none under a disclosed plan).Arjun Kampani: largest sale, Jun 18, 2026 · Frank Klein: largest sale, Aug 24, 2026 · Alexander Slusky: largest sale, May 28, 2026
Two directors sold $5.5M with no disclosed plan: Merline Saintil ($2.8M) and Jon Olson ($2.7M, 14% of holdings). The filings don't state a reason.Merline Saintil: largest such sale, Mar 6, 2026 · Jon Olson: largest such sale, Nov 20, 2025
Marvin Clevenger sold 34K shares (16% of starting holdings), but 283K more shares were added, so the stake grew (from 210K to 459K).Largest sale, Aug 24, 2026

Percentages cover 8 of 13 officers and directors. 5 are left out

i
Left out: Peter Beck (holdings couldn't be fully reconciled); Adam Spice, Merline Saintil and Edward Frank (most of their shares vested during the period, so a percentage would mislead); Agostino Ricupati (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
Peter Beck
CEO, Director
No bar: holdings couldn't be fully reconciled.
$430M99.8% planned
Adam Spice
Chief Financial Officer
No bar: most of their shares vested during the period, so a percentage would mislead.
$138M98% planned
Arjun Kampani
SVP & General Counsel
65% · $33.5M68% planned
Frank Klein
Chief Operations Officer
30% · $32.2M95% planned
Alexander Slusky
Director
26% · $25.7MNo plan disclosed
All 11 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNov 2025: $643K under a disclosed planNov 2025: $6.2M to cover taxesNov 2025: $2.7M no plan disclosedNovDec 2025: $145M under a disclosed planDec 2025: $1.6M no plan disclosedDecJan 2026: $121M under a disclosed planJanFebMar 2026: $15.1M under a disclosed planMar 2026: $1.4M no plan disclosedMarAprMay 2026: $38.5M under a disclosed planMay 2026: $2.2M to cover taxesMay 2026: $21.3M no plan disclosedMayJun 2026: $14.4M no plan disclosedJunJul 2026: $286M under a disclosed plan$286MJulAug 2026: $8.2M under a disclosed planAug 2026: $47K to cover taxesAugSep 2026: $8.8M under a disclosed planSepOct 2026: $9.9M under a disclosed planOct

Outside holders, reported separately

KHOSLA VENTURES SEED B, L.P. and Matthew Ocko reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Rocket Lab Corp CEO selling stock?

Yes. Peter Beck sold 5.81M shares ($430M) in the past 12 months, 99.8% of it under a trading plan disclosed in the filings.

Why are Rocket Lab Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 93% of sales by value ran under 10b5-1 trading plans disclosed in the filings, 1% were to cover taxes and 6% had no disclosed plan. A trading plan schedules sales in advance.

Are any Rocket Lab Corp insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Rocket Lab Corp insiders sell?

About 29% overall. As a group they still hold 80% of their starting shares. These figures leave out Peter Beck, the largest holder (holdings couldn't be fully reconciled). That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold11 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Peter Beck
CEO, Director
$430M
5.81M shares
i
No percentage: holdings couldn't be fully reconciled.
99.8% under a disclosed plan
Adam Spice
Chief Financial Officer
$138M
1.84M shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
98% under a disclosed plan
Arjun Kampani
SVP & General Counsel
$33.5M
316K shares
65%68% under a disclosed plan
Frank Klein
Chief Operations Officer
$32.2M
390K shares
30%95% under a disclosed plan
Alexander Slusky
Director
$25.7M
200K shares
26%No plan disclosed
Merline Saintil
Director
$12.8M
162K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
78% under a disclosed plan
Jon Olson
Director
$5.1M
91K shares
21%47% under a disclosed plan
Marvin Clevenger
President, Rocket Lab USA, Inc
$3.8M
34K shares
16%28% under a disclosed plan
Nina Armagno
Director
$1.9M
27K shares
20%Disclosed plan
Edward Frank
Director
$193K
2.5K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
No plan disclosed
Agostino Ricupati
VP Corp Controller & CAO
$47K
669 shares
i
No percentage: held no vested shares at the start.
No plan disclosed

Board members representing outside shareholders, reported separately: Matthew Ocko. Details

Outside holder, reported separately: KHOSLA VENTURES SEED B, L.P. (a 10% owner, not part of management). No open-market sales reported in the period. Holds 37.65M shares. Latest filing

The full ownership picture12 of 13 insiders fully reconciled · 13 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Peter Beck
!
Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: -392,155 shares on May 26, 2026 (Direct). See the filing Sales and other transactions for Peter Beck are complete.
CEO, Director
n/a−5.81Mn/an/a
Vesting, gifts, unvested awards and holding lines for Peter Beck
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: -392,155 shares on May 26, 2026 (Direct). The balances below are as reported, not verified totals.

Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock789,373491,930
Equatorial TrustCommon Stock2,500,0001,724,221
Equatorial TrustSeries A Convertible Participating Preferred Stock45,951,25040,951,250

Additional holdings last reported Aug 25, 2021, not confirmed since: 4,408,241 shares. Not included in any total or percentage on this page.

Adam Spice
i
Minor difference of 638 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.
Chief Financial Officer
2.06M−1.84M1.41Mnot meaningful
Vesting, gifts, unvested awards and holding lines for Adam Spice
+1.01Mshares vested or exercised
−96Kgifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock2,057,8891,155,967
TrustCommon Stock0250,000
TrustsCommon Stock00

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
2,242,511$1.09Aug 3, 2028$159M

Estimate: options held × ($71.79 − strike price), using the most recent insider trade price on Form 4 (Oct 1, 2026), not a market close.

Reconciliation: minor difference of 638 shares. Difference is under 0.5% of holdings.

Frank Klein
i
Includes unvested RSUs, amount not disclosed.
Chief Operations Officer
1.32M−390K926K70%
Vesting, gifts, unvested awards and holding lines for Frank Klein
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock1,316,005925,737
Alexander Slusky
i
Includes unvested RSUs, amount not disclosed.
Director
780K−200K552K71%
Vesting, gifts, unvested awards and holding lines for Alexander Slusky
0shares vested or exercised
−30Kgifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock88,84961,331
Abalone Cove LLLPCommon Stock534,675334,675
TrustCommon Stock156,361156,361
Arjun Kampani
i
Includes unvested RSUs, amount not disclosed.
SVP & General Counsel
490K−316K251K51%
Vesting, gifts, unvested awards and holding lines for Arjun Kampani
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock489,629250,917
Jon Olson
i
Includes unvested RSUs, amount not disclosed.
Director
436K−91K348K80%
Vesting, gifts, unvested awards and holding lines for Jon Olson
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock436,235348,112
Merline Saintil
i
Includes unvested RSUs, amount not disclosed.
Director
424K−162K264Knot meaningful
Vesting, gifts, unvested awards and holding lines for Merline Saintil
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock423,5292,482
TrustCommon Stock0261,903
Marvin Clevenger
i
Minor difference of 589 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Unvested RSUs stated in footnotes are excluded from owned shares. Started reporting during the period; starting holdings are from the Form 3.
President, Rocket Lab USA, Inc
210K−34K459K+119%
Vesting, gifts, unvested awards and holding lines for Marvin Clevenger
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Unvested RSUs stated in footnotes are excluded from owned shares.
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock209,756458,924

Reconciliation: minor difference of 589 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Matthew Ocko
i
Held through SST Capital Management, LLC; the director disclaims ownership beyond their own interest. Held through Three Kingdoms Capital Partners, LP; the director disclaims ownership beyond their own interest. Shares held through DCVC Opportunity Fund II, L.P, Data Collective IV, L.P belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Director
174K0174Kno sales
Vesting, gifts, unvested awards and holding lines for Matthew Ocko
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Held through SST Capital Management, LLC; the director disclaims ownership beyond their own interest.
  • Held through Three Kingdoms Capital Partners, LP; the director disclaims ownership beyond their own interest.
  • Shares held through DCVC Opportunity Fund II, L.P, Data Collective IV, L.P belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Held throughShare classOct 8, 2025Oct 8, 2026
SST Capital Management, LLCCommon Stock164,026164,026
Three Kingdoms Capital Partners, LPCommon Stock9,8949,894
Edward Frank
i
Includes unvested RSUs, amount not disclosed.
Director
150K−2.5K145Knot meaningful
Vesting, gifts, unvested awards and holding lines for Edward Frank
0shares vested or exercised
−5Kgifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock150,00453,613
TrustCommon Stock091,373
Nina Armagno
i
Includes unvested RSUs, amount not disclosed.
Director
136K−27K111K82%
Vesting, gifts, unvested awards and holding lines for Nina Armagno
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock136,254111,422
Kenneth Possenriede
i
Includes unvested RSUs, amount not disclosed.
Director
94K097Kno sales
Vesting, gifts, unvested awards and holding lines for Kenneth Possenriede
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock94,17896,660
Agostino Ricupati
i
Includes unvested RSUs, amount not disclosed.
VP Corp Controller & CAO
0−66927Knot meaningful
Vesting, gifts, unvested awards and holding lines for Agostino Ricupati
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock026,863

12 of 13 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (10 exactly, 2 with a minor or footnoted difference). For 1 we show sales but not holdings; the ! icon on that row explains why. Percentages cover 8 of 13 officers and directors. Left out: Peter Beck (holdings couldn't be fully reconciled); Adam Spice, Merline Saintil and Edward Frank (most of their shares vested during the period, so a percentage would mislead); Agostino Ricupati (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$683M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $683M across 8,880,247 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($49.9M), including tax-related sales outside a plan.

No plan disclosed · $41.5M

Sales with no 10b5-1 plan and no tax reference in the filing. $25.7M of it is Alexander Slusky. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Arjun Kampani, Jun 18, 2026

Taxes

$44.0M of sales (6.4%) cite tax obligations in their footnotes, $35.6M of them also under a plan. Example: Agostino Ricupati, Aug 24, 2026

Charitable gifts · 10K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Peter Beck
CEO, Director
5.81M$430M99.8%63%Nov 24, 2025 to Jul 8, 2026
Adam Spice
Chief Financial Officer
1.84M$138M98%20%Nov 22, 2025 to Oct 1, 2026
Arjun Kampani
SVP & General Counsel
316K$33.5M68%5%Nov 24, 2025 to Aug 27, 2026
Frank Klein
Chief Operations Officer
390K$32.2M95%5%Nov 24, 2025 to Aug 27, 2026
Alexander Slusky
Director
200K$25.7M0%4%May 12, 2026 to Jun 2, 2026
Merline Saintil
Director
162K$12.8M78%2%Dec 4, 2025 to Mar 6, 2026
Jon Olson
Director
91K$5.1M47%0.8%Nov 20, 2025 to Jan 20, 2026
Marvin Clevenger
President, Rocket Lab USA, Inc
34K$3.8M28%0.6%May 26, 2026 to Aug 24, 2026
Nina Armagno
Director
27K$1.9M100%0.3%Dec 19, 2025 to Dec 19, 2025
Edward Frank
Director
2.5K$193K0%0.0%Dec 23, 2025 to Dec 23, 2025
Agostino Ricupati
VP Corp Controller & CAO
669$47K0%0.0%Aug 24, 2026 to Aug 24, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$9.5M$643K$6.2M$2.7M
Dec 2025$146M$145M$0$1.6M
Jan 2026$121M$121M$0$0
Feb 2026$0$0$0$0
Mar 2026$16.5M$15.1M$0$1.4M
Apr 2026$0$0$0$0
May 2026$62.0M$38.5M$2.2M$21.3M
Jun 2026$14.4M$0$0$14.4M
Jul 2026$286M$286M$0$0
Aug 2026$8.3M$8.2M$47K$0
Sep 2026$8.8M$8.8M$0$0
Oct 2026$9.9M$9.9M$0$0
Board members representing outside shareholders (1)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board memberHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Matthew Ocko
!
Most of this insider's holdings were last confirmed in 2021. Confirmed in the last three years: 0 shares. Not confirmed since: 818,789 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part.
Director
000see note
Vesting, gifts, unvested awards and holding lines for Matthew Ocko
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Additional holdings last reported Aug 25, 2021, not confirmed since: 818,789 shares. Not included in any total or percentage on this page.

Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 5x the 5-year average. 11 insiders sold; the average is 4 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
8.88M11$683M
Oct 8, 2025
1 year earlier
4.19M8$192M
Oct 8, 2024
2 years earlier
399K3$2.1M
Oct 9, 2023
3 years earlier
4.11M4$22.6M
Oct 9, 2022
4 years earlier
712K4$4.0M
Oct 9, 2021
5 years earlier
00$0

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty1 insider whose holdings couldn't be fully reconciled

Peter Beck: holdings couldn't be fully reconciled (difference of -392,155 shares). Balance changed with no matching transaction and no footnote: -392,155 shares on May 26, 2026 (Direct). Filing, May 26, 2026

Adam Spice: minor difference of 638 shares. Difference is under 0.5% of holdings.

Marvin Clevenger: minor difference of 589 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "Khosla Ventures Seed B" is treated as the same holder as "KV Seed B", because the old name was never reported again and the new one opened with the same balance (3,051,809 shares). Old name, new name

Inferred rename: "On May 29, 2026, the Reporting Person transferred 62,724 shares of the Registrant's common stock to trusts" is treated as the same holder as "Trusts", because the old name was never reported again and the new one opened with the same balance (62,724 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology210 filings from SEC EDGAR, and how we read them

All 210 Forms 3, 4 and 5 filed for Rocket Lab Corp (SEC CIK 1819994) from Sep 24, 2020 to Oct 2, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (10)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Michael GriffinAug 26, 202442,353 shares, last reported balance as of Aug 22, 2024
Sven StrohbandMay 13, 2024324,341 shares, last reported balance as of May 9, 2024
Bessemer Venture Partners VIII L.P.Nov 18, 202263,605,491 shares, last reported balance as of Nov 16, 2022
Shaun O'DonnellSep 15, 2022720,088 shares, last reported balance as of Sep 13, 2022
David CowanJun 27, 2022493,394 shares, last reported balance as of Jun 23, 2022
Vector Acquisition Partners, L.P.Oct 21, 20207,950,000 shares, last reported balance as of Oct 20, 2020
David KennedySep 24, 202025,000 shares, last reported balance as of Sep 24, 2020
John HerrSep 24, 202025,000 shares, last reported balance as of Sep 24, 2020
David BaylorNo balance on record
David FishmanNo balance on record