Rocket Lab Executives Trigger Investor Alarm with Major Stock Sales

A wave of significant insider selling at Rocket Lab USA has unsettled investors, coming immediately after a period of strong operational performance. The transactions, led by CEO Peter Beck and director Matthew Ocko, coincided with the company’s announcement of a new $750 million share offering program, raising questions about the timing and strategic intent behind the moves.

SEC filings reveal a series of substantial sales by the company’s top executives. CEO Peter Beck divested 2.5 million shares on September 15th and 16th. A single transaction accounted for 1.4 million of these shares, sold at an average price of $48.75, netting approximately $70 million.

The selling activity extended beyond the chief executive. Director Matthew Ocko executed even larger disposals, beginning with an initial sale of... Read more...