Svmuu News: According to the latest Form 4 filing, Peter Beck, founder and CEO of commercial space company Rocket Lab (RKLB), sold a total of 3,275,779 shares during this selling window,at an average price of $87.43, raising a total of $286 million.
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. The sale window was set to begin no earlier than the end of June 2026 and close no later than July 8, 2026,On the day of the official announcement, RKLB’s stock price stood at $60.9.