Starfighters Space (FJET) CFO converts 562,500 RSUs into common shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Starfighters Space, Inc. Chief Financial Officer Whitney David Kirk reported an internal equity transaction. On June 16, 2026, he exercised 562,500 Restricted Stock Units, receiving an equal number of common shares at a stated price of $0.00 per share, with no shares sold in this filing.

Following the conversion, he directly holds 712,500 shares of common stock. Each Restricted Stock Unit corresponds to one share of common stock and features a time- and price-based vesting structure, with portions tied to specific dates and stock price hurdles at $17.95 and $5.38 over defined trading-day windows.

Insider Trade Summary

562,500 shares exercised/converted

Mixed 2 txns

Insider Whitney David Kirk

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	562,500	$0.00	--
Exercise	Common Stock	562,500	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 712,500 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

RSUs exercised: 562,500 units Exercise price: $0.00 per share Common shares held after: 712,500 shares +3 more

6 metrics

RSUs exercised 562,500 units Restricted Stock Units converted to common stock on June 16, 2026

Exercise price $0.00 per share Stated transaction price for RSU conversion

Common shares held after 712,500 shares Direct common stock ownership following the transaction

Time-based vesting portion 50% RSUs vest as to 50% on June 16, 2026

Price hurdle 1 $17.95 25% of RSUs vest if closing price exceeds $17.95 for 10 consecutive trading days starting December 18, 2025

Price hurdle 2 $5.38 Multiple 5% RSU vesting tranches tied to $5.38 price targets over specified 2026 trading windows

Key Terms

Restricted Stock Units, vest, closing price, consecutive trading days, +1 more

5 terms

Restricted Stock Units 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..."

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 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..."

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.

closing price financial

"25% either June 16, 2026 or immediately if closing price is greater than $17.95 for 10 consecutive trading days..."

consecutive trading days financial

"greater than $17.95 for 10 consecutive trading days starting December 18, 2025..."

common stock financial

"Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 04:55 PM

SEC Form 4

FORM 4

UNITED 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^*

Whitney David Kirk

(Last)

(First)

(Middle)

1177 WEST HASTINGS STREET, SUITE 2288

(Street)

VANCOUVER

V6E 2L3

(City)

(State)

(Zip)

BRITISH COLUMBIA, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Starfighters Space, Inc. [ FJET ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/16/2026		M		562,500	A	⁽¹⁾	712,500	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/16/2026		M			562,500	⁽²⁾	⁽²⁾	Common Stock	562,500	$0	0	D

Explanation of Responses:

1. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.

2. 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.

	/s/ David Whitney	06/17/2026
	** Signature of Reporting Person	Date
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 insider transaction did FJET CFO Whitney David Kirk report?

Whitney David Kirk exercised 562,500 Restricted Stock Units into common stock. The transaction converted awards into 562,500 common shares at a stated price of $0.00 per share, with no open-market sale disclosed in this Form 4.

How many Starfighters Space (FJET) shares does the CFO hold after this Form 4?

After the reported transactions, the CFO directly holds 712,500 shares of Starfighters Space common stock. This reflects the addition of 562,500 shares from the Restricted Stock Unit conversion reported on June 16, 2026, with no shares sold in the filing.

What are the key terms of the FJET Restricted Stock Units in this filing?

Each Restricted Stock Unit represents the right to receive one common share at settlement. The units vest partly over time and partly when specific stock price targets of $17.95 and $5.38 are met over defined consecutive trading-day periods beginning on stated 2025 and 2026 dates.

Did the FJET CFO buy or sell shares on the open market in this Form 4?

The Form 4 shows no open-market purchases or sales. Instead, it reports an exercise or conversion of 562,500 Restricted Stock Units into common shares, an internal equity compensation event rather than a market trade.

How many Restricted Stock Units were settled in the FJET CFO transaction?

The transaction settled 562,500 Restricted Stock Units into common stock. After settlement, the derivative position in these particular RSUs dropped to zero, while the CFO’s direct common stock holdings increased to 712,500 shares.