Svmuu News: According to the latest Form 144 filing, Peter Beck, founder and CEO of commercial space company Rocket Lab (RKLB), plans to sell 5 million shares of common stock worth approximately $465 million around July 6.
Peter Beck had previously announced this stock sale.In March of this year, Rocket Lab announced that Peter Beck planned to sell up to 5 million shares of the company’s common stock through a “Goldman Sachs,” with the sale window set to open as early as the end of June 2026 and close no later than July 8, 2026.On the day of the official announcement, RKLB’s stock price was $60.90.
U.S. stock market data shows that RKLB closed at $93.09 yesterday, down 7.37%.