Rocket Lab (NASDAQ: RKLB) insiders aren’t just selling in Q3, they are selling at the fastest pace on record, with sales logged by the CEO, CFO, COO, an SVP and a VP.
However, these sellers, unlike the average investor, earned their shares through share-based compensation awards. And they have incentive to sell—not only is the stock up 300% over the past five years, but portfolio diversification and the resulting tax burdens also weigh on their decision. The real question is whether anyone is buying the stock—and all signs point to yes.
