Starfighters director exercises 11,250 RSUs
Starfighters Space, Inc. director Sean David Bromley exercised restricted stock units to acquire 11,250 shares of Common Stock on April 2, 2026.
Rhea-AI Filing Summary
Starfighters Space, Inc. director Sean David Bromley exercised restricted stock units to acquire 11,250 shares of Common Stock on April 2, 2026. Each Restricted Stock Unit represents the right to receive one share of common stock at settlement.
Following the transactions, Bromley holds 63,750 shares of Common Stock directly and 489,978 shares indirectly through 1129925 B.C. Ltd., along with 191,250 Restricted Stock Units remaining. The RSUs vest in tranches through June 16, 2026, with portions eligible to vest earlier if the closing price exceeds $17.95 or $5.38 for specified trading periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,250 shares exercised/converted
Exercise
3 txns
Insider
Bromley Sean David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,250 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 191,250 contracts (Direct);
Common Stock — 63,750 shares (Direct);
Common Stock — 489,978 shares (Indirect, By 1129925 B.C. Ltd.)
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
RSUs exercised: 11,250 shares
Direct common shares after: 63,750 shares
Indirect common shares after: 489,978 shares
+4 more
7 metrics
RSUs exercised
11,250 shares
Restricted Stock Units converted to Common Stock on April 2, 2026
Direct common shares after
63,750 shares
Direct Common Stock ownership following the transactions
Indirect common shares after
489,978 shares
Indirect ownership via 1129925 B.C. Ltd.
RSUs remaining
191,250 units
Restricted Stock Units outstanding after the exercise
Main vesting date
June 16, 2026
50% of the RSUs vest on this date
Price trigger (upper)
$17.95
Closing price condition for a 25% RSU vesting tranche
Price trigger (other)
$5.38
Closing price condition for several 5% RSU vesting tranches
Key Terms
Restricted Stock Units, derivative exercise/conversion, indirect ownership, 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 exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
indirect ownership financial
"ownership_type": "indirect",
"ownership_code": "I""
closing price financial
"immediately if closing price is greater than $17.95 for 10 consecutive trading days"
trading days financial
"for 10 consecutive trading days starting December 18, 2025"
Trading days are the specific days when a stock exchange is open and buying and selling of securities can occur, excluding weekends and exchange-declared holidays. Investors use trading days to measure performance, calculate settlement deadlines and time-sensitive events—think of them as the business hours calendar for markets, where returns, volumes and deadlines are counted only on days the market is operating.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Starfighters Space (FJET) report for Sean David Bromley?
Starfighters Space reported that director Sean David Bromley exercised Restricted Stock Units to receive 11,250 shares of Common Stock on April 2, 2026. This derivative exercise converted previously awarded RSUs into actual shares as part of his equity compensation.
What are the vesting terms of Sean David Bromley’s RSUs at Starfighters Space (FJET)?
Bromley’s 191,250 Restricted Stock Units vest 50% on June 16, 2026, with additional 5–25% tranches that can vest earlier if the stock’s closing price exceeds $17.95 or $5.38 for specified consecutive trading-day periods beginning in 2025 and 2026.
What is the role of 1129925 B.C. Ltd. in Sean David Bromley’s FJET holdings?
The Form 4 shows 489,978 shares of Common Stock held indirectly by Sean David Bromley through 1129925 B.C. Ltd.. These shares are reported as indirect ownership, meaning they are held by that entity rather than in Bromley’s own name.
What does each Restricted Stock Unit represent for Starfighters Space (FJET)?
Each Restricted Stock Unit held by Sean David Bromley represents the right to receive one share of Starfighters Space common stock upon settlement. As the RSUs vest under the specified schedule and price conditions, they can be settled into common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
