{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-133686","form_type":"8-K","ticker":"RKLB","cik":"0001819994","company_name":"Rocket Lab Corp","filed_at":"2024-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.822237+00:00","generated_at":"2026-05-29T07:22:04.785999+00:00","sec_items":["1.01","3.02","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Rocket Lab CEO converts 50.95M common shares to preferred; enters new employment deal","bullets":["CEO Sir Peter Beck exchanges 50,951,250 common shares for equal number of Series A Convertible Participating Preferred shares; closing expected early 2025.","Preferred stock carries 1:1 conversion to common, no scheduled dividends, $0.0001 liquidation preference, and votes on as-converted basis with common.","Sir Peter designated as Preferred Stock Director term to 2027; holder class can elect additional directors if board exceeds 10 members.","Amended employment: $800k base salary (retroactive Oct 1, 2024), target bonus 100%, FY24 RSU grants (631,498 + 157,875), FY25 equity award of $8M in RSUs, 24-month non-compete.","Transaction and compensation package approved by Special Committee of independent directors and are interdependent."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-133686","json":"https://secwatch.observer/filing/0000950170-24-133686.json","markdown":"https://secwatch.observer/filing/0000950170-24-133686.md","text":"https://secwatch.observer/filing/0000950170-24-133686.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819994/000095017024133686/0000950170-24-133686-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819994/000095017024133686/rklb-20241203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T07:22:04.785999+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}