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Director at Dynamic Aerospace (BRQL) receives 100,000 RSUs equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RICH RON J reported acquisition or exercise transactions in this Form 4 filing.

DYNAMIC AEROSPACE SYSTEMS Corp director RICH RON J received 100,000 restricted stock units (RSUs) on October 1, 2025. Each RSU represents a right to receive one share of common stock. The RSUs vest 10%, 30%, and 60% across dates through October 1, 2028.

The filing notes that 10,000 RSUs had already vested as of this Form 4 and will be settled in common shares six months after their vesting date. Following this grant, the director holds 200,000 RSUs in total, reflecting a compensation-related equity award rather than an open-market stock purchase.

Positive

  • None.

Negative

  • None.
Insider RICH RON J
Role Director
Type Security Shares Price Value
Grant/Award COMMON STOCK 100,000 $0.00 --
Holdings After Transaction: COMMON STOCK — 200,000 shares (Direct)
Footnotes (1)
  1. THE REPORTING PERSON RECEIVED 100,000 RESTRICTED STOCK UNITS ("RSUS") ON OCTOBER 1, 2025. THE RSUS VEST 10% ON OCTOBER 1, OCTOBER 1, 2026; 30% ON OCTOBER 1, 2027; AND THE REMAINING 60% ON OCTOBER 1, 2028. EACH RSU REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF THE ISSUER'S COMMON STOCK. THE SECURITIES REPORTED CONSIST OF RSUS, OF WHICH 10,000 HAD VESTED AS OF THE DATE OF THIS FORM 4. THE VESTED RSUS WILL BE SETTLED IN SHARES OF THE COMPANY'S COMMON STOCK SIX (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*
RICH RON J

(Last)(First)(Middle)
4201 NORTH 24TH STREET
SUITE 150

(Street)
PHOENIX ARIZONA 85016

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
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)10/01/2025(1)A100,000(1)A$0(1)200,000(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 100,000 RESTRICTED STOCK UNITS ("RSUS") ON OCTOBER 1, 2025. THE RSUS VEST 10% ON OCTOBER 1, OCTOBER 1, 2026; 30% ON OCTOBER 1, 2027; AND THE REMAINING 60% ON OCTOBER 1, 2028. EACH RSU REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF THE ISSUER'S COMMON STOCK.
2. THE SECURITIES REPORTED CONSIST OF RSUS, OF WHICH 10,000 HAD VESTED AS OF THE DATE OF THIS FORM 4. THE VESTED RSUS WILL BE SETTLED IN SHARES OF THE COMPANY'S COMMON STOCK SIX (6) MONTHS AFTER THE VESTING DATE.
/S/ RON J. RICH03/24/2026
** 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 Dynamic Aerospace Systems (BRQL) report on this Form 4?

Dynamic Aerospace Systems reported a grant of 100,000 restricted stock units to director RICH RON J. These RSUs are equity compensation and each unit represents a contingent right to receive one share of the company’s common stock, rather than an open-market stock purchase.

How do the 100,000 RSUs granted to the Dynamic Aerospace (BRQL) director vest?

The 100,000 RSUs vest in stages, with portions vesting on October 1 dates through 2028. The vesting schedule allocates 10%, 30%, and 60% across specified future dates, aligning the director’s equity compensation with longer-term service and performance horizons at the company.

When will vested RSUs for Dynamic Aerospace Systems (BRQL) be settled into shares?

Vested RSUs will be settled in shares of Dynamic Aerospace Systems common stock six months after each vesting date. As of this Form 4, 10,000 RSUs had already vested, starting the six-month countdown to share delivery for that vested portion.

How many RSUs does the Dynamic Aerospace (BRQL) director hold after this grant?

After receiving the 100,000-unit grant, the director’s total reported holdings are 200,000 RSUs. This figure reflects the cumulative restricted stock unit position, including the 10,000 RSUs that had already vested but will convert to common shares after the six-month settlement period.

Is the Dynamic Aerospace Systems (BRQL) Form 4 transaction a stock purchase or compensation award?

The transaction is a compensation-related award, not an open-market stock purchase. The Form 4 shows a grant of 100,000 RSUs to a director, classified as a grant, award, or other acquisition, consistent with equity compensation practices rather than discretionary buying of common shares.
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