secwatch.observer — SEC 8-K summary
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Issuer:     Rocket Lab Corp (RKLB)
CIK:        0001819994
Form:       8-K
Filed at:   2024-08-23T23:59:59+00:00
Accession:  0001193125-24-206216
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rocket Lab appoints former Lockheed Martin CFO Kenneth Possenriede to Board
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- Board expanded from 8 to 9 directors; Possenriede appointed as Class III director effective August 21, 2024.
- Possenriede served as Lockheed Martin CFO from Feb 2019 to Aug 2021, plus 35 years in finance leadership.
- Appointed to the Audit Committee.
- Receives initial RSU grant valued at $360,000 vesting over 3 years, plus annual RSU grants of $180,000.
- Cash retainer per standard non-employee director policy, prorated for 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819994/000119312524206216/0001193125-24-206216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819994/000119312524206216/d855227d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-206216

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