Rocket Companies Inc (RKT)

[Large Green]

Gary, yes, the Paladin Acquisitions trust expires on June 21, 2026, and the following RKT "L" shares restriction lifted first of two sets of 3 million "L" shares expires June 30, 2026, with the other set, one a year later.

🔑 The exact structure (from filings)

In Rocket Companies filings tied to the Up-C collapse (June 30, 2025), the “L shares” are explicitly split into two series:

Series L-1 (first tranche)
Series L-2 (second tranche)

And the lock-up language is crystal clear:

L-1 restrictions expire: June 30, 2026
L-2 restrictions expire: June 30, 2027

...