Dynamic Aerospace VP granted 1.5M RSUs
Kantrowitz Ian reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kantrowitz Ian reported acquisition or exercise transactions in this Form 4 filing.
Dynamic Aerospace Systems Corp vice president and 10% owner Ian Kantrowitz received a grant of 1,500,000 restricted stock units (RSUs). The award was made at a stated price of $0.00 per unit as equity compensation.
The RSUs vest over three years: 10% on December 12, 2026, 30% on December 12, 2027, and the remaining 60% on December 12, 2028. Each RSU represents the right to receive one share of common stock, to be settled in shares six months after each vesting date. None of the RSUs had vested as of this Form 4, and reported direct holdings after the grant were 1,500,000 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 1,500,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock units financial
vest financial
contingent right financial
FAQ
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What did Ian Kantrowitz report in this Form 4 for BRQL?
How do the 1,500,000 RSUs for BRQL vest over time?
Are any of Ian Kantrowitz’s BRQL RSUs vested as of this filing?
What does each BRQL RSU represent for Ian Kantrowitz?
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