Dynamic Aerospace Systems (BRQL) VP granted 1.5M RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RIGNEY SHANNON LEE reported acquisition or exercise transactions in this Form 4 filing.
DYNAMIC AEROSPACE SYSTEMS Corp director and vice president Shannon Lee Rigney reported an equity compensation award in the form of restricted stock units. The filing shows a grant of 1,500,000 RSUs, each representing a contingent right to receive one share of common stock.
The RSUs were granted on December 12, 2025 and vest over three dates: 10% on December 12, 2026, 30% on December 12, 2027, and the remaining 60% on December 12, 2028. None of the RSUs had vested as of this Form 4, and the award will be settled in common shares six months after each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RIGNEY SHANNON LEE
Role
VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 1,500,000 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 1,500,000 shares (Direct, null)
Footnotes (1)
- THE REPORTING PERSON RECEIVED 1,500,000 RESTRICTED STOCK UNITS ("RSUs")ON DECEMBER 12, 2025. THE RSUs VEST 10% ON DECEMBER 12, 2026; 30% ON DECEMBER 12, 2027; AND THE REMAINING 60% ON DECEMBER 12, 2028. EACH RSU REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF THE ISSUER'S COMMON STOCK. THE SECURITIES REPORTED CONSIST OF RSUs, NONE OF WHICH HAD VESTED AS OF THE DATE OF THIS FORM 4. WHEN VESTED, THE RSUs WILL BE SETTLE IN SHARES OF THE ISSUER'S COMMON STOCK SIC (6) MONTHS AFTER THE VESTING DATE.
Key Figures
RSUs granted: 1,500,000 RSUs
Initial vesting tranche: 10% of RSUs
Second vesting tranche: 30% of RSUs
+2 more
5 metrics
RSUs granted
1,500,000 RSUs
Grant on December 12, 2025
Initial vesting tranche
10% of RSUs
Vests on December 12, 2026
Second vesting tranche
30% of RSUs
Vests on December 12, 2027
Final vesting tranche
60% of RSUs
Vests on December 12, 2028
Shares following transaction
1,500,000 units
Total RSUs reported after grant
Key Terms
restricted stock units (RSUs), vest, contingent right, settle in shares
4 terms
restricted stock units (RSUs) financial
"THE REPORTING PERSON RECEIVED 1,500,000 RESTRICTED STOCK UNITS ("RSUs")ON DECEMBER 12, 2025."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vest financial
"THE RSUs VEST 10% ON DECEMBER 12, 2026; 30% ON DECEMBER 12, 2027; AND THE REMAINING 60% ON DECEMBER 12, 2028."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"EACH RSU REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF THE ISSUER'S COMMON STOCK."
FAQ
What insider transaction did BRQL report for Shannon Lee Rigney?
BRQL reported that director and vice president Shannon Lee Rigney received an award of 1,500,000 restricted stock units (RSUs). These RSUs are a form of equity compensation and do not involve an open-market stock purchase or sale.
How many BRQL restricted stock units were granted in this Form 4?
The Form 4 shows a grant of 1,500,000 restricted stock units (RSUs) to the reporting person. Each RSU represents a contingent right to receive one share of DYNAMIC AEROSPACE SYSTEMS Corp common stock upon future vesting and settlement.
What is the vesting schedule for the 1,500,000 BRQL RSUs?
The 1,500,000 RSUs vest in stages: 10% on December 12, 2026, 30% on December 12, 2027, and the remaining 60% on December 12, 2028. This creates a multi-year incentive for continued service.
Have any of the BRQL RSUs granted to Shannon Lee Rigney vested yet?
According to the filing, none of the RSUs had vested as of the Form 4 date. All 1,500,000 units remain unvested and will vest over time according to the disclosed schedule in 2026, 2027, and 2028.