Director at Starfighters (FJET) acquires 11,250 shares via RSU exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Starfighters Space, Inc. director Sean David Bromley exercised restricted stock units into common shares as part of his compensation. On March 12, 2026, he converted 11,250 Restricted Stock Units into 11,250 shares of Common Stock at an exercise price of $0.00 per share.
After these transactions, Bromley holds 52,500 shares of Common Stock directly and 489,978 shares indirectly through 1129925 B.C. Ltd. Each RSU represents the right to receive one common share, and the award vests over time and upon stock price hurdles, including 50% vesting on June 16, 2026 and additional tranches tied to closing-price targets of $17.95 and $5.38 over specified trading-day windows.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,250 shares exercised/converted
Mixed
3 txns
Insider
Bromley Sean David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,250 | $0.00 | -- |
| Exercise | Common Stock | 11,250 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 202,500 shares (Direct);
Common Stock — 52,500 shares (Direct);
Common Stock — 489,978 shares (Indirect, By 1129925 B.C. Ltd.)
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 did Sean David Bromley report for Starfighters Space (FJET)?
Sean David Bromley reported exercising 11,250 Restricted Stock Units into 11,250 shares of Starfighters Space common stock at an exercise price of $0.00 per share. This reflects a compensation-related derivative conversion, not an open-market purchase or sale of shares.
How do Sean David Bromley’s Restricted Stock Units in Starfighters Space (FJET) vest?
The Restricted Stock Units vest 50% on June 16, 2026. Additional portions vest based on stock price conditions, including a 25% tranche tied to a $17.95 closing price target and multiple 5% tranches linked to $5.38 closing-price thresholds over specified consecutive trading-day periods.
What is the relationship between Sean David Bromley and 1129925 B.C. Ltd. in Starfighters Space (FJET)?
Sean David Bromley reports indirect ownership of 489,978 Starfighters Space common shares through 1129925 B.C. Ltd. The filing identifies these shares as indirectly held, meaning the entity, not Bromley personally, is the record holder while he remains the reporting person for beneficial ownership.