Firefly CEO has 86,265 shares withheld for taxes
Firefly Aerospace’s CEO had shares withheld for taxes on RSU vesting and now directly holds 855,460 common shares.
Rhea-AI Filing Summary
Firefly Aerospace Inc. (FLY) reported that Chief Executive Officer and director Kim Jesung had 86,265 shares of common stock withheld on September 16, 2026 to cover a tax withholding obligation upon the vesting of restricted stock units. After this tax-withholding disposition, Kim Jesung holds 855,460 shares directly, and no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Tax Withholding: 86,265 shares
Tax Withholding
1 txn
Insider
Kim Jesung
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 86,265 | $20.28 | $1.75M |
Holdings After Transaction:
Common Stock — 855,460 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 86,265 shares
Price per share for withheld shares: $20.28 per share
Shares held after transaction: 855,460 shares
3 metrics
Shares withheld for taxes
86,265 shares
Common stock withheld on September 16, 2026 to satisfy tax withholding on RSU vesting
Price per share for withheld shares
$20.28 per share
Valuation used for the 86,265 shares withheld for tax withholding
Shares held after transaction
855,460 shares
Common shares directly owned by CEO Kim Jesung following the September 16, 2026 transaction
Key Terms
restricted stock units, tax withholding obligation, withheld by the Issuer
3 terms
restricted stock units financial
"upon the vesting of restricted stock units"
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.
tax withholding obligation financial
"to cover the reporting person's tax withholding obligation"
withheld by the Issuer financial
"Represents shares of common stock withheld by the Issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Firefly Aerospace Inc. (FLY) disclose for Kim Jesung?
Firefly Aerospace disclosed that CEO and director Kim Jesung had 86,265 shares of common stock withheld on September 16, 2026 to satisfy a tax withholding obligation related to the vesting of restricted stock units.
Was the Firefly Aerospace (FLY) insider transaction a market sale or a tax withholding?
The transaction was a tax withholding event. The Form 4 and its footnote state that 86,265 shares were withheld by Firefly Aerospace to cover Kim Jesung’s tax withholding obligation upon vesting of restricted stock units.
Was Firefly Aerospace (FLY) CEO Kim Jesung’s transaction under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for this transaction, and the document-level 10b5-1 checkbox is not checked.
AI-generated analysis. How Rhea-AI works. Not financial advice.