Rocket Companies Reports Officer and Director Changes

Ticker: RKT · Form: 8-K · Filed: 2025-05-23T00:00:00.000Z

Sentiment: neutral

Topics: management-change, officer-appointment, director-election, compensation

Related Tickers: RKT

TL;DR

Rocket Companies (RKT) filed an 8-K for officer/director changes and compensation. Details TBD.

AI Summary

Rocket Companies, Inc. filed an 8-K on May 23, 2025, reporting changes effective May 20, 2025. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. Specific details regarding these changes were not provided in the excerpt.

Why It Matters

Changes in key leadership and compensation structures can signal shifts in company strategy or financial health, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in executive and director roles, especially when accompanied by compensation adjustments, can introduce uncertainty about future strategy and performance.

Key Players & Entities

FAQ

What specific officer or director positions were affected by the changes reported on May 20, 2025?

The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers,' but the specific individuals and their roles are not detailed in the provided excerpt.

Were there any new directors elected to the board?

Yes, the filing explicitly mentions 'Election of Directors' as an item covered by this report.

What are the details of the compensatory arrangements for certain officers?

The filing states that 'Compensatory Arrangements of Certain Officers' are being reported, but the specific details of these arrangements are not included in the provided text.

What is the primary business of Rocket Companies, Inc.?

Rocket Companies, Inc. is primarily involved in Mortgage Bankers & Loan Correspondents, as indicated by its Standard Industrial Classification code [6162].

When is Rocket Companies, Inc.'s fiscal year end?

The company's fiscal year ends on December 31st (1231).

From the Filing

0001805284-25-000068.txt : 20250523 0001805284-25-000068.hdr.sgml : 20250523 20250523160909 ACCESSION NUMBER: 0001805284-25-000068 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250520 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250523 DATE AS OF CHANGE: 20250523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rocket Companies, Inc. CENTRAL INDEX KEY: 0001805284 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] ORGANIZATION NAME: 02 Finance EIN: 844946470 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39432 FILM NUMBER: 25982260 BUSINESS ADDRESS: STREET 1: 1050 WOODWARD AVENUE CITY: DETROIT STATE: MI ZIP: 48226 BUSINESS PHONE: (800) 226-6308 MAIL ADDRESS: STREET 1: 1050 WOODWARD AVENUE CITY: DETROIT STATE: MI ZIP: 48226 8-K 1 rkt-20250520.htm 8-K rkt-20250520 0001805284 false 0001805284 2025-05-20 2025-05-23 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) May 20, 2025 Rocket Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 001-39432 84-4946470 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 1050 Woodward Avenue Detroit , MI 48226 (Address of principal executive offices) (Zip Code) ( 313 ) 373-7990 (Registrant’s Telephone Number, Including Area Code) (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Class A common stock, par value $0.00001 per share RKT New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 20, 2025, Rocket Companies, Inc. (the "Company") received notice from Nancy Tellem of her decision not to stand for re-election as a Class II director at the Company's annual stockholder meeting. As a result, Ms. Tellem's term as a director of the Company will expire on June 11, 2025, the date of the Company's 2025 annual stockholder meeting. Ms. Tellem's decision not to stand for re-election was not the result of any disagreement with the Company. On May 23, 2025, the Board determined to reduce the size of the Board to eight directors effective upon the expiration of Ms

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