Firefly Aerospace (NYSE: FLY) grants CAO 10,423 RSUs vesting over 3 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wu Remington reported acquisition or exercise transactions in this Form 4 filing.
Firefly Aerospace Inc. granted Chief Accounting Officer Wu Remington 10,423 shares of Common Stock in the form of restricted stock units (RSUs) at a price of $0.00 per share as equity compensation. Following this grant, Remington directly holds 40,423 shares.
These RSUs vest over three years: one-third vests on the one-year anniversary of the grant date, and 1/12 vests quarterly thereafter until the third anniversary, in each case conditioned on continued employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wu Remington
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,423 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,423 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 10,423 shares
Grant price: $0.00 per share
Total shares after grant: 40,423 shares
+3 more
6 metrics
RSUs granted
10,423 shares
Restricted stock units of Common Stock granted to CAO
Grant price
$0.00 per share
Equity compensation, not open-market purchase
Total shares after grant
40,423 shares
Direct holdings following RSU grant
Initial vesting
One-third at 1-year
First vesting milestone from grant date
Subsequent vesting
1/12 quarterly
Quarterly vesting after first anniversary
Full vesting period
3 years
RSUs fully vested at third anniversary
Key Terms
restricted stock units ("RSUs"), 2025 Omnibus Incentive Plan, vest, grant date, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2025 Omnibus Incentive Plan financial
"granted under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan."
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
vest financial
"One-third of the RSUs vest at the one-year anniversary of the grant date, and 1/12 of the RSUs vest quarterly thereafter"
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.
grant date financial
"One-third of the RSUs vest at the one-year anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
continued employment financial
"subject in each case to the reporting person's continued employment with the Issuer through the respective vesting date."
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
What insider transaction did Firefly Aerospace (FLY) report for Wu Remington?
Firefly Aerospace reported that Chief Accounting Officer Wu Remington received 10,423 restricted stock units of Common Stock as an equity grant. The grant price is $0.00 per share and reflects compensation, not an open-market purchase, increasing his directly held shares to 40,423.
What are the vesting terms of Wu Remington’s 10,423 RSUs at Firefly Aerospace (FLY)?
The 10,423 RSUs vest over three years: one-third vests on the one-year anniversary of the grant date, and 1/12 vests quarterly thereafter. Full vesting occurs at the third anniversary, provided Wu Remington remains employed with Firefly Aerospace through each vesting date.
Was Wu Remington’s Firefly Aerospace (FLY) RSU grant an open-market stock purchase?
No, the transaction reflects an equity grant, not an open-market purchase. The 10,423 shares were awarded as restricted stock units at a price of $0.00 per share under Firefly Aerospace’s 2025 Omnibus Incentive Plan as part of executive compensation.
Under which plan were the 10,423 RSUs granted to Wu Remington at Firefly Aerospace (FLY)?
The 10,423 RSUs granted to Wu Remington were issued under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. This plan provides equity-based awards, and these RSUs vest over three years, contingent on his continued employment with the company through each vesting date.