FJET director exercises 3,750 stock units
Starfighters Space, Inc. director Brian Yale Goldmeier reported exercising restricted stock units into common stock.
Rhea-AI Filing Summary
Starfighters Space, Inc. director Brian Yale Goldmeier reported exercising restricted stock units into common stock. He converted 3,750 Restricted Stock Units into 3,750 shares of common stock at a stated price of $0.00 per share, a non-cash derivative exercise.
After the transactions, he directly holds 11,250 shares of common stock and 63,750 Restricted Stock Units. Footnotes explain that each Restricted Stock Unit represents one share of common stock and describe a detailed vesting schedule, with 50% vesting on June 16, 2026 and additional 5–25% portions vesting earlier if specified stock price conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,750 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,750 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
- F2. 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
Key Terms
Restricted Stock Units financial
derivative security financial
vesting financial
closing price financial
consecutive trading days financial
FAQ
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What insider transaction did FJET director Brian Yale Goldmeier report?
What are the key terms of the Restricted Stock Units reported for FJET?
How do the vesting conditions for FJET Restricted Stock Units work?
What does a transaction code "M" mean in the FJET Form 4 filing?
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