Starfighters Space (FJET) director exercises 7,500 RSUs, holds stock and units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Starfighters Space, Inc. director Brian Yale Goldmeier exercised equity awards to acquire more common stock. On June 5, 2026, he converted 7,500 Restricted Stock Units into 7,500 shares of common stock at a stated price of $0.00 per share, a non‑market exercise.
Following this transaction, he directly holds 18,750 shares of common stock and 56,250 Restricted Stock Units. Each Restricted Stock Unit represents the right to receive one share of common stock at settlement, with vesting tied to time and stock‑price performance through various dates in 2025 and 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,500 shares exercised/converted
Mixed
2 txns
Insider
Goldmeier Brian Yale
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,500 | $0.00 | -- |
| Exercise | Common Stock | 7,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 56,250 shares (Direct, null);
Common Stock — 18,750 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. The Restricted Stock Units vest as to 50% on June 16, 2026, 25% either June 16, 2026 or immediately if closing price is greater than $17.95 for 10 consecutive trading days starting December 18, 2025, 5% either June 16, 2026 or immediately if closing price is greater than $5.38 on any day, 5% either on June 16, 2026 or immediately if closing price is greater than $5.38 for 10 consecutive trading days starting Feb. 16, 2026, 5% either on June 16, 2026 or immediately if closing price is greater than $5.38 for 10 consecutive trading days starting March 18, 2026, 5% either on June 16, 2026 or immediately if closing price is greater than $5.38 for 10 consecutive trading days starting April 17, 2026, and 5% either on June 16, 2026 or immediately if closing price is greater than $5.38 for 10 consecutive trading days starting May 17, 2026.
Key Figures
Shares acquired via RSU exercise: 7,500 shares
Common shares held after transaction: 18,750 shares
Restricted Stock Units remaining: 56,250 units
+4 more
7 metrics
Shares acquired via RSU exercise
7,500 shares
Common Stock acquired on June 5, 2026 (code M)
Common shares held after transaction
18,750 shares
Direct ownership following June 5, 2026 exercise
Restricted Stock Units remaining
56,250 units
RSUs directly held after the reported transaction
RSU settlement ratio
1 share per unit
Each RSU converts into one share of common stock
Time‑based vesting date
June 16, 2026
50% of RSUs vest on this date
Price trigger level (higher)
$17.95
25% of RSUs may vest early after 10 trading days above this level starting December 18, 2025
Price trigger level (multiple tranches)
$5.38
Several 5% RSU tranches may vest early based on this price with different 2026 start dates
Key Terms
Restricted Stock Unit, Exercise or conversion of derivative security, closing price, consecutive trading days, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
closing price financial
"immediately if closing price is greater than $17.95 for 10 consecutive trading days"
consecutive trading days financial
"for 10 consecutive trading days starting December 18, 2025"
vesting financial
"The Restricted Stock Units vest as to 50% on June 16, 2026, 25% either June 16, 2026 or immediately if closing price is greater than $17.95"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did FJET director Brian Yale Goldmeier report?
Brian Yale Goldmeier reported exercising 7,500 Restricted Stock Units into 7,500 shares of Starfighters Space common stock. The transaction used code M, indicating an exercise or conversion of a derivative security rather than an open‑market purchase or sale of shares.
What are the key vesting terms for Brian Goldmeier’s Restricted Stock Units at Starfighters Space (FJET)?
The Restricted Stock Units vest 50% on June 16, 2026, with additional 25% and several 5% tranches vesting earlier if the closing price exceeds $17.95 or $5.38 for specified trading‑day periods starting in late 2025 and through mid‑2026.
Did Brian Goldmeier buy or sell FJET stock on the open market in this filing?
The filing shows no open‑market buys or sells. Instead, it reports an M‑code exercise, where 7,500 Restricted Stock Units were converted into 7,500 shares of common stock at a stated price of $0.00 per share, a compensation‑related equity conversion.
How many Restricted Stock Units remain after this Starfighters Space (FJET) transaction?
Following the June 5, 2026 transaction, 56,250 Restricted Stock Units remain credited to Brian Yale Goldmeier. These units continue to be subject to the detailed vesting schedule based on time and Starfighters Space common stock price performance conditions disclosed in the footnotes.