Rocket Lab President Marvin Clevenger sold 3,500 shares at $146.67 on 2026-05-28 (total: $513,355.85), reducing stake to 474.0K shares.
Marvin Bradford Clevenger, President of Rocket Lab USA, Inc, executed a modest sale of 3,500 shares (3.5K shares) representing -0.7% of his pre-transaction holdings, at a price of $146.67 per share. The sale occurred when the stock stood 19.0% below its 52-week high of $151.00, despite strong recent momentum (30-day change: +55.3%, 90-day change: +74.5%). While the company remains unprofitable with a full-year net income of $-45.0M, it has achieved robust annual revenue growth of +38.0%, reaching $200.3M in the latest quarter. The magnitude and proportion of this sale are limited relative to Clevenger's remaining holdings of 473,975 shares (474.0K shares), and the absolute transaction size of $513,355.85 does not suggest a material shift in position.