## Filing Overview
**Insider Name**: [[Peter Beck]]
**Type of Filing**: [[Filing Definitions#Schedule 13D|Schedule 13D]]
**Filing Date**: 2025-01-07
**Aggregate Amount Beneficially Owned**: 51,306,468 shares
**Percent of Class**: 10.26%
## Notes
- This filing amends and supplements the Schedule 13D originally filed by [[Peter Beck]] and related reporting persons.
- On **January 7, 2025**, Rocket Lab USA, Inc. completed the exchange of **50,951,250 shares of Common Stock** for Series A Convertible Participating Preferred Stock. The transaction was executed with Equatorial Trust.
- [[Peter Beck]] is a director of **Peek Street Equatorial Trustee Limited**, the trustee for Equatorial Trust, and shares voting and dispositive power over the Preferred Stock.
- The Preferred Stock is convertible into Common Stock under specific conditions, with a liquidation preference of $0.0001 per share.
- The aggregate ownership includes **355,218 shares** from the settlement of restricted stock units and shares issuable upon conversion of Preferred Stock.
## Filing
![[670da9e5-98ff-4dbe-b3f7-b772109b017e.pdf]]