How do the Starfighters Space (FJET) RSUs vest based on share price?

Portions of the RSUs vest early if FJET’s closing price exceeds $17.95 for 10 consecutive trading days starting December 18, 2025, or exceeds $5.38 on specific days or 10-day periods beginning in early 2026, otherwise vesting on June 16, 2026.

Starfighters Space (FJET) CFO settles RSUs into 37,500 shares, holds 75,000

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Starfighters Space, Inc. Chief Financial Officer Whitney David Kirk exercised previously granted Restricted Stock Units into 37,500 shares of common stock at an exercise price of $0.00 per share. Following this transaction, he directly holds 75,000 shares of common stock.

The filing also shows 637,500 Restricted Stock Units outstanding after the transaction, each RSU representing the right to receive one share of common stock at settlement. These RSUs vest on a schedule that runs through June 16, 2026, with portions eligible to vest earlier if the stock’s closing price exceeds $17.95 or $5.38 for specified trading periods starting in December 2025 and in several monthly windows during 2026.

Insider Trade Summary

37,500 shares exercised/converted

Mixed 2 txns

Insider Whitney David Kirk

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	37,500	$0.00	--
Exercise	Common Stock	37,500	$0.00	--

Holdings After Transaction: Restricted Stock Units — 637,500 shares (Direct); Common Stock — 75,000 shares (Direct)

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: 37,500 shares Exercise price: $0.00 per share Common stock held after: 75,000 shares +4 more

7 metrics

RSUs exercised 37,500 shares Restricted Stock Units converted to common stock on April 2, 2026

Exercise price $0.00 per share Price for RSU conversion into common stock

Common stock held after 75,000 shares Direct ownership following the reported transaction

RSUs outstanding after 637,500 units Restricted Stock Units remaining after the exercise

High-price vesting trigger $17.95 closing price Requires 10 consecutive trading days starting December 18, 2025

Other price trigger $5.38 closing price Single-day and 10-day consecutive thresholds in 2026 windows

Main vesting date June 16, 2026 Base vesting date for remaining RSU tranches

Key Terms

Restricted Stock Units, derivative security, vesting, closing price, +1 more

5 terms

Restricted Stock Units financial

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

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.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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 for 10 consecutive trading days..."

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.

closing price financial

"immediately if closing price is greater than $17.95 for 10 consecutive trading days starting December 18, 2025"

consecutive trading days financial

"for 10 consecutive trading days starting Feb. 16, 2026"

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 04:52 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)
04/02/2026

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	04/02/2026		M		37,500	A	⁽¹⁾	75,000	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⁾	04/02/2026		M			37,500	⁽²⁾	⁽²⁾	Common Stock	37,500	$0	637,500	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	04/03/2026
	** 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’s CFO report on this Form 4?

The CFO exercised Restricted Stock Units into 37,500 shares of common stock at an exercise price of $0.00. This derivative exercise increased his direct common stock holdings and reflects routine equity compensation rather than an open-market purchase or sale.

How many Starfighters Space (FJET) shares does the CFO hold after the transaction?

After the transaction, the CFO directly holds 75,000 shares of Starfighters Space common stock. The filing also lists 637,500 Restricted Stock Units outstanding, which may settle into common shares as they vest under the disclosed schedule and price conditions.

What are the key terms of the CFO’s Restricted Stock Units at FJET?

Each Restricted Stock Unit gives the right to receive one share of Starfighters Space common stock at settlement. The RSUs vest partly on June 16, 2026 and partly earlier if the stock trades above $17.95 or $5.38 for specified consecutive trading-day periods.

Is the FJET CFO’s Form 4 transaction an open-market stock purchase or sale?

No. The Form 4 reports an exercise or conversion of Restricted Stock Units into 37,500 common shares at $0.00 per share. It does not show any open-market buying or selling activity; it reflects equity compensation vesting and settlement instead.