Rocket Companies CEO Sells $2.6 Million Worth of Stock to Settle Tax Obligations
Krishna Varun, the Chief Executive Officer of Rocket Companies (RKT), executed a non-discretionary sale of approximately 185,000 shares on September 7 and 8, 2026. The transaction was valued at $2.6 million based on an average price per share of $14.06 and aimed to satisfy tax obligations related to the vesting of restricted stock units. Following this sale, Varun directly holds 1,958,664 shares with a post-transaction valuation of approximately $27.05 million as of September 8 market close at $13.81 per share. The company's one-year total return stood at -33% on the date of the transaction. Rocket Companies operates primarily through Rocket Mortgage and Amrock, with a strong digital mortgage platform and ancillary real estate services. Despite recent challenges in stock performance, it maintains significant market presence with $9.7 billion TTM revenue and a $38.7 billion market capitalization.
Tickers: $RKT