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Rocket Lab Corp NASDAQ:RKLB Chief Financial Officer Adam C. Spice sold a total of 62,627 shares of common stock between November 22 and November 24, 2025, for approximately $2.55 million.
The sales, executed in multiple transactions, saw prices ranging from $40.0247 to $41.3495. Specifically, on November 22, Spice sold 15,633 shares at a weighted average price of $40.0247. On November 24, he sold 46,737 shares at a weighted average price of $40.8576, and an additional 257 shares at $41.3495.
These sales were reportedly executed to cover tax obligations related to the vesting and settlement of restricted stock units. Following these transactions, Spice directly owns 1,995,373 shares of Rocket Lab Corp. common stock, which includes 111 shares acquired under the company’s Employee Stock Purchase Plan.
In other recent news, Rocket Lab USA has announced its first dedicated mission for the Japan Aerospace Exploration Agency (JAXA), set to launch in December. The mission, named "RAISE And Shine," will deploy JAXA’s RApid Innovative payload demonstration SatellitE-4 from Rocket Lab’s Launch Complex 1 in New Zealand. Rocket Lab recently completed its 18th successful launch of 2025, setting a new annual record for the company with a 100% mission success rate. This achievement underscores the company’s robust launch capabilities, having already matched last year’s total of 16 successful launches.
Cantor Fitzgerald has raised its price target for Rocket Lab to $72, citing a strong backlog and maintaining an Overweight rating after the company’s solid third-quarter performance. Meanwhile, Needham reiterated its Buy rating with a $63 target, acknowledging Rocket Lab’s revenue growth and gross margin expansion driven by its Electron launch vehicle. Rocket Lab’s rapid launch turnaround is also noteworthy, with plans for a mission less than 48 hours after a successful launch from a different facility. These developments highlight Rocket Lab’s continued momentum and operational efficiency in the space launch sector.
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