Starfighters Space (FJET) director reports 3,750-share RSU settlement
Rhea-AI Filing Summary
Starfighters Space, Inc. director reported acquiring 3,750 shares of common stock on 12/31/2025 through the settlement of Restricted Stock Units at a price of $0 per share. After this transaction, the reporting person beneficially owns 3,750 shares of common stock directly and 71,250 Restricted Stock Units.
Each Restricted Stock Unit represents the right to receive one share of common stock at settlement. The units vest in stages: 50% on June 16, 2026, and several 5% and 25% portions that can vest either on June 16, 2026 or earlier if the stock’s closing price exceeds specific thresholds of $17.95 or $5.38 for defined trading-day periods starting in late 2025 and in 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,750 | $0.00 | -- |
| Exercise | Common Stock | 3,750 | $0.00 | -- |
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.
FAQ
What insider transaction was reported for FJET (Starfighters Space, Inc.)?
A director of Starfighters Space, Inc. reported acquiring 3,750 shares of common stock on 12/31/2025, resulting from the settlement of Restricted Stock Units at a price of $0 per share.
What are the vesting terms of the Starfighters Space (FJET) Restricted Stock Units?
The Restricted Stock Units vest as to 50% on June 16, 2026, with additional 25% and multiple 5% portions that can vest either on June 16, 2026 or earlier if closing price conditions at $17.95 or $5.38 are met for specified trading-day periods.
What stock price conditions affect early vesting of FJET Restricted Stock Units?
Early vesting can occur if the closing price is greater than $17.95 for 10 consecutive trading days starting December 18, 2025, or greater than $5.38 on certain days or for 10 consecutive trading days starting on specified dates in 2026.
What does each Starfighters Space (FJET) Restricted Stock Unit represent?
Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock of Starfighters Space, Inc.
Was the FJET insider transaction filed for one or multiple reporting persons?
The filing indicates that the Form 4 was filed by one reporting person, who is a director of Starfighters Space, Inc.