Rocket Lab COO Frank Klein Sells Shares Worth $3.2 Million
Frank Klein, Chief Operations Officer of Rocket Lab (RKLB), sold 45,692 shares for approximately $3.2 million in a transaction reported via SEC Form 4. The sale was part of a pre-arranged Rule 10b5-1 trading plan to cover tax obligations from the vesting of restricted stock units and does not reflect any negative sentiment toward Rocket Lab's stock. Klein still holds over 961,295 shares directly valued at around $65.64 million as of August 24, 2026. Rocket Lab has a market capitalization of $38.7 billion and reported trailing twelve-month revenue of $769.1 million alongside a net loss of $165.5 million. The company provides orbital launch services and spacecraft engineering for the defense and space industries, with operations spanning commercial launches, satellite manufacturing, and on-orbit management.
Tickers: $RKLB