RCKT ROCKET PHARMACEUTICALS, INC.
Price Chart
Executive Summary
CEO Gaurav Shah exercised 76,490 options at $1.69 and immediately sold 55,684 shares on the open market for ~$172K, a classic cashless exercise pattern. Two other executives sold small amounts ($1K-$2K) at $3.01. Total cluster sales of $175K represent ~0.05% of market cap — trivial in size. The CEO's sale is likely liquidity-driven (tax withholding or diversification) rather than a bearish signal, especially given the small dollar amount relative to market cap.
Key Financial Metrics
Actionable Insight
This cluster is routine and non-informative. The CEO's cashless exercise is standard post-vesting liquidity management. With only 0.05% of market cap sold and no C-suite cluster buying, there is no actionable signal. Monitor for any upcoming material news (earnings, pipeline updates) that could explain the timing, but the dollar amounts are too small to warrant a trade.
Key Facts
- CEO Gaurav Shah exercised 76,490 options at $1.69 and sold 55,684 shares at $3.09 for ~$172K on 2026-05-21
- Two other executives (John Militello, Martin Wilson) sold 384 and 662 shares respectively at $3.01 for ~$1K each
- Total cluster sale value of ~$175K is 0.05% of $323M market cap — well below the 0.1% materiality threshold
- CEO's sale is a cashless exercise pattern (exercise + immediate sale to cover cost/taxes) — not a directional bearish signal
- No open-market purchases in the cluster; all three transactions are sales
Financial Impact
Total insider sales of ~$175K, representing 0.05% of market cap — immaterial
Risk Factors
- CEO's option exercise adds 76,490 shares to the float, but this is minimal dilution (~0.1% of shares outstanding)
- No insider buying to offset the sales — consistent with a neutral stance, not bearish
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RCKT-1779839259223 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 12, 2026
3d ago
|
8-K
| $2.77 awaiting T+5 | awaiting T+5 | — | $2.75 (−0.72%) |
|
May 26, 2026
19d ago
|
Insider Cluster
| $2.99 $2.92 | ▼ −2.34% | ▼ −2.81% | $2.75 (−8.03%) |
|
May 7, 2026
5w ago
|
Insider Cluster
| $3.25 $2.96 | ▼ −8.92% | ▼ −9.89% | $2.75 (−15.38%) |
|
Mar 11, 2026
13w ago
|
EFFECT
| $4.96 $4.47 | ▼ −9.88% | ▼ −7.69% | $2.75 (−44.56%) |
|
Mar 2, 2026
14w ago
|
S-3
| $4.80 $5.30 | ▼ −10.42% | ▼ −10.89% | $2.75 (+42.71%) |
US Market Status
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