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Dynamic Aerospace (BRQL) VP awarded 1.5M RSUs vesting 2026–2028

Filing Impact
(Neutral)
Filing Sentiment
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Form Type
4

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 Kantrowitz Ian
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 units Equity award granted December 12, 2025
Post-transaction holdings 1,500,000 RSUs Total reported direct holdings after grant
Initial vesting tranche 10% Vests on December 12, 2026
Second vesting tranche 30% Vests on December 12, 2027
Final vesting tranche 60% Vests on December 12, 2028
Settlement lag 6 months Shares delivered six months after each vesting date
restricted stock units financial
"THE REPORTING PERSON RECEIVED 1,500,000 RESTRICTED STOCK UNITS ("RSUs")ON DECEMBER 12, 2025."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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."
Form 4 Insider Transactions: What Each Field Means →
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*
Kantrowitz Ian
(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/ IAN KANTROWITZ04/13/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Ian Kantrowitz report in this Form 4 for BRQL?

Ian Kantrowitz reported receiving 1,500,000 restricted stock units (RSUs) of Dynamic Aerospace Systems common stock. The equity award was granted at a stated price of $0.00 per unit as compensation, increasing his directly reported holdings to 1,500,000 RSUs after the transaction.

How do the 1,500,000 RSUs for BRQL vest over time?

The 1,500,000 RSUs vest in three tranches: 10% on December 12, 2026, 30% on December 12, 2027, and the remaining 60% on December 12, 2028. This creates a multi-year incentive schedule tied to continued service and long-term performance.

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

Once each portion of the RSUs vests, it will be settled in Dynamic Aerospace Systems common stock six months after the respective vesting date. Until vesting and settlement occur, the RSUs remain contingent rights rather than issued outstanding shares.

Are any of Ian Kantrowitz’s BRQL RSUs vested as of this filing?

None of the 1,500,000 RSUs had vested as of the Form 4 date. All units remain unvested awards that will only convert into shares of common stock after meeting the future vesting dates and the six-month post-vesting settlement period.

What does each BRQL RSU represent for Ian Kantrowitz?

Each restricted stock unit represents a contingent right to receive one share of Dynamic Aerospace Systems common stock. That right becomes deliverable only after the RSU vests on its scheduled date and the six-month settlement period following that vesting has passed.