CEO Peter Beck reduces salary to $1, forfeits 392,155 unvested RSUs

Rocket Lab Corp

Sir Peter Beck voluntarily reduced annual base salary to $1.00 (or NZ statutory minimum).
He forfeited all unvested RSUs totaling 392,155 shares of common stock.
He waived any expectation of annual bonus or target bonus amounts.
Capital from compensation redirected to Company R&D and strategic priorities.
Beck cites focus on long-term shareholder value rather than short-term incentives.

item 5.02 item 9.01

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filed_at: 2026-03-30T23:59:59+00:00
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accession 0001753926-26-000568

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