STOCK TITAN

Dynamic Aerospace Systems (BRQL) VP granted 1.5M RSUs in equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  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.
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
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."
settle in shares financial
"WHEN VESTED, THE RSUs WILL BE SETTLE IN SHARES OF THE ISSUER'S COMMON STOCK SIC (6) MONTHS AFTER THE VESTING DATE."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RIGNEY SHANNON LEE

(Last)(First)(Middle)
401 RYLAND ST
SUITE 200-A

(Street)
RENO NEVADA 89502

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DYNAMIC AEROSPACE SYSTEMS Corp [ BRQL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
VICE PRESIDENT
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
COMMON STOCK(1)12/12/2025A1,500,000(1)(2)A$01,500,000(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
/S/ SHANNON RIGNEY04/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

When will the BRQL RSUs be settled into common stock shares?

The footnotes state that once vesting occurs, the RSUs will be settled in shares of common stock six months after each vesting date. Until vesting and settlement, they remain contingent rights rather than issued shares.

Does the BRQL Form 4 show a market purchase or sale of shares?

No, the Form 4 shows an A-code grant, described as a grant, award, or other acquisition. It reflects an equity compensation award of RSUs, not an open-market buy or sell transaction in BRQL common stock.