$Rocket Lab(RKLB.US)

On March 27, 2026, Equatorial Trust, controlled by Peter Beck, established a 10b5-1 trading plan to sell up to 5 million shares of RKLB common stock, representing approximately 10% of Peter Beck's total direct and indirect beneficial ownership. The purpose of the sale is for "ongoing asset diversification, estate planning, and further support for philanthropic endeavors." The sale plan can be executed as early as the end of June (March 27 + three-month cooling-off period) and expires on July 8, 2026.

The selling window officially opens today. The stock price on the day of the announcement in March was $60.9, and the price at this very moment is $80.6, representing only a 32% increase. Compared to the previous 5 million share sale plan in 2025, which saw over 100% premium from announcement to sale, the performance is very poor. I believe Peter will still sell the planned 5 million shares, but compared to the CEO of Nebius, Peter's ability to "precisely control the market" is clearly much worse.