Some had discounted that this could ever be done, but thanks to a generous leaker we now have access to an unsecured bootloader! Before you read any further you should know that if you plan to use this you will not want to receive any official OTA updates without first flashing your device back to stock via the Odin packages. If you accept the OTA after unlocking the bootloader it could brick your device. This will not work once Verizon releases an OTA update, so you should get in on this while you can.
For now the tool will only work on Mac and Linux or Ubuntu on Windows.
The process is pretty simple.
You will open the tool
Select Root with DebugFSroot
Select Flash Unsecure Aboot
Use Odin or CWM Recovery to flash the Kernels
Apparently there is already another exploit method tucked away that will be released as soon as Verizon patches this method!
Via XDA