Starfighters Space (FJET) director exercises 168,750 RSUs, lifts holdings
Rhea-AI Filing Summary
Starfighters Space, Inc. director Sean David Bromley reported an exercise of equity awards rather than any open‑market trading in the company’s stock. On June 16, 2026, he exercised 168,750 Restricted Stock Units, receiving the same number of common shares at a stated price of $0.00 per share, which is typical for stock-based compensation.
Following this settlement, Bromley directly holds 255,000 shares of common stock. Separately, 489,978 common shares are held indirectly through 1129925 B.C. Ltd., an entity associated with him. The filing shows no stock sales, gifts, or tax-withholding dispositions, and no remaining derivative awards tied to this RSU grant.
Positive
- None.
Negative
- None.
Insights
Director’s Form 4 shows routine equity award settlement with no stock sales.
The filing indicates that Sean David Bromley, a director of Starfighters Space, Inc., exercised 168,750 Restricted Stock Units into common shares at $0.00 per share. This is a standard equity compensation event, not an open‑market purchase.
After the transaction, he directly holds 255,000 common shares and has an additional 489,978 shares held indirectly through 1129925 B.C. Ltd.. With 0% of these newly acquired shares sold or withheld for taxes in this filing, the activity appears routine rather than signaling a view on valuation.
Footnotes describe vesting triggers tied to stock price thresholds such as $17.95 and $5.38, showing that RSU vesting depends on future trading performance. Subsequent company filings may clarify how much of this award has vested under those conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 168,750 | $0.00 | -- |
| Exercise | Common Stock | 168,750 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
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.