Rocket Companies CEO Sells $2.6 Million Worth of Stock
Krishna Varun, the Chief Executive Officer of Rocket Companies (NYSE: RKT), executed a non-discretionary sale of approximately 185,000 shares of Class A common stock 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 valuation of approximately $27.05 million as of September 8 market close at $13.81 per share. Rocket Companies operates primarily through its digital mortgage platform, Rocket Mortgage, and has reported TTM revenue of $9.7 billion and net income of $471.1 million. The stock's one-year total return was -33% as of the transaction date, while shares have underperformed relative to broader market indices like the S&P 500 over recent years.
Tickers: $RKT