# Rocket Lab CFO Adam Spice Sells $9.9 Million in Shares

- URL: https://stocks.freetheai.org/news/rocket-lab-cfo-adam-spice-sells-9-9-million-in-shares-83c46c
- Published: 2026-10-13T15:24:31Z
- Category: insider_trading; sentiment: neutral; impact: low
- Symbols: [NASDAQ:RKLB](https://stocks.freetheai.org/symbols/NASDAQ-RKLB)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Rocket Lab Corporation (NASDAQ:RKLB) Chief Financial Officer Adam Spice sold 140,157 shares of company stock for approximately $9.9 million on Oct. 1. The executive acquired the shares by exercising employee stock options at $1.09 per share, totaling roughly $152,771 in exercise costs, before selling them in multiple trades at prices between $69.53 and $72.39.

The transaction took place under a Rule 10b5-1 trading plan adopted on June 3. Pre-established trading plans allow corporate executives to buy or sell a set number of shares at predetermined times, helping insulate insider transactions from changes in market conditions. After completing these sales, Spice still holds 1,155,967 shares directly, 250,000 shares in a trust, and 2,242,511 employee stock options.

Market participants will watch whether insider confidence remains steady as the stock experiences recent volatility. Rocket Lab Corporation stock traded down 3.43% to $63.45, continuing a retreat below the CFO's transaction prices.

## Key points

- Rocket Lab CFO Adam Spice sold 140,157 shares worth about $9.9 million on Oct. 1.
- Spice acquired the shares through stock options exercised at $1.09 each, totaling about $152,771.
- The trades were executed under a Rule 10b5-1 trading plan established on June 3.
- Spice retains direct ownership of over 1.15 million Rocket Lab shares and over 2.2 million options.

## Questions and answers

### Why did Rocket Lab's CFO sell stock?

CFO Adam Spice exercised employee stock options to acquire 140,157 shares at $1.09 each and sold them under a pre-arranged Rule 10b5-1 trading plan adopted on June 3.

### How many shares does Rocket Lab's CFO still hold?

Adam Spice directly holds 1,155,967 Rocket Lab shares, another 250,000 shares in a trust, and 2,242,511 employee stock options following the transaction.