Starfighters Space (FJET) director exercises 56,250 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Starfighters Space, Inc. director Brian Yale Goldmeier exercised 56,250 Restricted Stock Units, receiving the same number of common shares at a price of $0.00 per share. Following this derivative exercise, he directly holds 75,000 shares of Starfighters Space common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
56,250 shares exercised/converted
Mixed
2 txns
Insider
Goldmeier Brian Yale
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 56,250 | $0.00 | -- |
| Exercise | Common Stock | 56,250 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 75,000 shares (Direct, null)
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: 56,250 units
Shares after transaction: 75,000 shares
Exercise price per share: $0.00 per share
+3 more
6 metrics
RSUs exercised
56,250 units
Converted to common stock on June 16, 2026
Shares after transaction
75,000 shares
Common stock directly held following exercise
Exercise price per share
$0.00 per share
RSU conversion into common stock
Time-based vesting
50% on June 16, 2026
RSU vesting schedule
Price hurdle 1
$17.95
25% vests if closing price exceeds $17.95 for 10 days from Dec 18, 2025
Price hurdle 2
$5.38
Multiple 5% tranches vest if price exceeds $5.38 under specified 10-day windows
Key Terms
Restricted Stock Units, vest, closing price, trading days
4 terms
Restricted Stock Units financial
"The Restricted Stock Units vest as to 50% on June 16, 2026, 25% either June 16, 2026 or immediately..."
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.
vest financial
"The Restricted Stock Units vest as to 50% on June 16, 2026, 25% either June 16, 2026 or immediately..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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
What insider transaction did Starfighters Space (FJET) report for Brian Yale Goldmeier?
Brian Yale Goldmeier exercised 56,250 Restricted Stock Units into common stock. The derivative exercise, at a stated price of $0.00 per share, increased his direct holdings to 75,000 shares of Starfighters Space common stock.
What are the vesting conditions for Brian Yale Goldmeier’s Restricted Stock Units at Starfighters Space (FJET)?
The RSUs vest based on time and share price targets. 50% vest on June 16, 2026. Additional 25% and three 5% tranches can vest earlier if the closing price exceeds $17.95 or $5.38 under specified 10-day trading windows starting in late 2025 and 2026.
What does each Restricted Stock Unit represent in the Starfighters Space (FJET) Form 4?
Each Restricted Stock Unit represents the right to receive one share of common stock. At settlement, every RSU converts into a single Starfighters Space common share, as described in the Form 4 footnotes for Brian Yale Goldmeier’s award.