This Form 4 reports pro rata distributions of Rocket Lab common stock by Khosla Ventures Seed B, L.P. (10,752,561 shares) and Khosla Ventures Seed B (CF), L.P. (610,362 shares) to their limited and general partners on March 11, 2024, for no consideration (transaction code J). Shares received by general partner Khosla Ventures Seed Associates B, LLC (5,459,534 total) were further distributed to its members, with VK Services, LLC becoming record owner of 3,982,565 shares; KVA Seed B now holds zero. Post-transaction holdings: 24,193,264 shares (KV Seed B), 1,373,315 (KV Seed B CF), and unchanged 37,823,617 (KV V). All entities affiliated with Vinod Khosla (director/10% owner), who disclaims beneficial ownership beyond pecuniary interest. No 10b5-1 plan checked. This administrative redistribution among affiliates does not alter overall group beneficial ownership or signal confidence change; neutral.

This internal distribution signals neutral insider confidence, as it involves no sale, purchase, or liquidity event but merely reallocates record ownership within Khosla-affiliated entities without changing economic exposure.