Rocket Companies Inc (RKT)

[ProfitScout]

$RKT Insider Buying: Jay Farner, Vice Chairman and CEO of Rocket Companies, Inc. entered into a share trading plan for purchases of up to $36 million total aggregate value of the Company’s common stock from March 30, 2022 through December 30, 2022.

From the RKT 8K Filing today:

On February 28, 2022, Jay Farner, Vice Chairman and CEO of Rocket Companies, Inc. (the "Company"), entered into a share trading plan (the "Purchase Plan") with a broker for the purchase of shares of the Company’s common stock. The Purchase Plan was adopted pursuant to and in compliance with Rule 10b5-1 and Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and in accordance with the Company’s insider trading policies. In accordance with Rule 10b5-1, Mr. Farner will have no authority, influence or control over any purchase of shares of common stock of the Company under the Purchase Plan. Subject to the satisfaction of certain conditions, a broker may periodically effect purchases of up to $36 million total aggregate value of the Company’s common stock from March 30, 2022 through December 30, 2022. Purchases under the Purchase Plan are subject to or dependent upon certain market pricing parameters and trading limitations. Any transactions under the Purchase Plan will be reported to the Securities and Exchange Commission in accordance with securities laws, rules and regulations.

https://investorshub.advfn.com/Rocket-Companies-Inc-RKT-38259