Rocket Lab RKLBExecutives
Rocket Lab CEO cuts base salary to $1.00 and forfeits unvested RSUs
Filed Mar 30, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- Chairman and CEO Sir Peter Beck signed an amendment to his employment agreement on March 30, 2026.
- He voluntarily cut his annual base salary to $1.00 or the New Zealand statutory minimum, with no entitlement to an annual bonus.
- He voluntarily forfeited and cancelled all unvested RSUs, 392,155 shares of common stock.
Items reported
- 5.02 Executives or directors
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.