COO Frank Klein sells 36,860 shares at blended avg $147.42 under pre-arranged 10b5-1 plan; stock now $122.39.
Frank Klein, COO of Rocket Lab, executed 8 separate sales totaling 36,860 shares for $5,433,997.64 on 2026-05-28 under a 10b5-1 trading plan adopted 2025-09-19, reducing his holdings by 3.5% to 1,006,987 shares. The transactions were spread across prices from $143.05 to $149.99, with a blended average of $147.42. The current stock price of $122.39 represents a 19.0% decline from the 52-week high of $151.00, placing the sale prices near the recent peak of the stock's range. As a scheduled transaction under a pre-arranged plan, this sale carries no timing implication; however, the fact that prior sales by this insider at RKLB on 2026-03-04 showed negative 30-day returns (-3.6% to -8.2%) while producing strong 90-day gains (+103.5% to +113.8%) suggests a historical pattern where this ticker has recovered significantly after near-term declines. The company remains unprofitable on a full-year basis with net income of $-45,022,000.00, though quarterly revenue reached $200,348,000.00 with annual growth of +38.0%.