Dynamic Aerospace COO granted 1.5M RSUs
HAIL JEFFREY reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HAIL JEFFREY reported acquisition or exercise transactions in this Form 4 filing.
Dynamic Aerospace Systems Corp director and chief operating officer Jeffrey Hail received an award of 1,500,000 restricted stock units (RSUs) of common stock. The grant was made at no cash cost per unit and represents equity-based compensation rather than an open-market share purchase.
The RSUs vest over time: 10% on December 12, 2026, 30% on December 12, 2027, and the remaining 60% on December 12, 2028. Each vested RSU entitles Hail to receive one share of common stock, with settlement scheduled six months after each vesting date. Following this grant, his reported direct holdings from this award total 1,500,000 RSUs, none of which had vested as of this Form 4.
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 ("RSUs") financial
vest financial
contingent right financial
transaction code "A" financial
FAQ
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