Peter Beck, President at Rocket Lab USA (NASDAQ:RKLB), reported a large insider sell on September 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Beck sold 3,600,000 shares of Rocket Lab USA. The total transaction amounted to $20,232,000.
Rocket Lab USA shares are trading down 0.28% at $5.35 at the time of this writing on Thursday morning.
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The Importance of Insider Transactions
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