Firefly CFO exercises options for 87,519 shares
Firefly Aerospace’s CFO exercised stock options for 87,519 shares and had 18,565 shares withheld to cover tax obligations from RSU vesting.
Rhea-AI Filing Summary
Firefly Aerospace Inc. (FLY) reports that Chief Financial Officer Darren Ma exercised fully vested employee stock options to acquire 87,519 shares of common stock on September 17, 2026, at exercise prices of $0.4231 and $0.4482 per share. In separate transactions on August 24 and September 16, a total of 18,565 shares of common stock were withheld to cover his tax withholding obligation upon vesting of restricted stock units. No transactions are reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
87,519 shares exercised/converted
Exercise
6 txns
Insider
Ma Darren
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F2 | 54,286 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F2 | 33,233 | $0.00 | $0.00 |
| Exercise | Common Stock | 54,286 | $0.4231 | $23K |
| Exercise | Common Stock | 33,233 | $0.4882 | $16K |
| Tax Withholding | Common Stock F1 | 18,309 | $20.28 | $371K |
| Tax Withholding | Common Stock F1 | 256 | $23.10 | $6K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 329,897 shares (Direct)
Footnotes (2)
- 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.
- F2. All of the shares subject to the option are fully vested and exercisable as of the date hereof.
Key Figures
Options exercised: 87,519 shares
Option exercise price: $0.4231 per share
Option exercise price: $0.4482 per share
+3 more
6 metrics
Options exercised
87,519 shares
Total derivative shares exercised on September 17, 2026
Option exercise price
$0.4231 per share
Exercise of 54,286 employee stock options into common stock
Option exercise price
$0.4482 per share
Exercise of 33,233 employee stock options into common stock
Shares withheld for taxes
18,565 shares
Total shares withheld to satisfy tax withholding on RSU vesting
Tax withholding transaction
18,309 shares at $20.28 per share
Code F disposition on September 16, 2026
Tax withholding transaction
256 shares at $23.10 per share
Code F disposition on August 24, 2026
Key Terms
Employee Stock Option (right to buy), restricted stock units, tax withholding obligation, Payment of tax liability by delivering or withholding securities
4 terms
Employee Stock Option (right to buy) financial
"The reporting person held an Employee Stock Option (right to buy) that was exercised"
restricted stock units financial
"tax withholding obligation 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
"shares of common stock withheld to cover the reporting person's tax withholding obligation"
Payment of tax liability by delivering or withholding securities financial
"Transaction code F indicates Payment of tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Firefly Aerospace Inc. (FLY) disclose for its CFO?
Firefly Aerospace disclosed that CFO Darren Ma exercised employee stock options for 87,519 common shares on September 17, 2026, and had 18,565 shares withheld in August and September 2026 to satisfy tax withholding obligations on vested restricted stock units.
At what prices did the Firefly Aerospace (FLY) CFO exercise his stock options?
On September 17, 2026, the CFO exercised employee stock options into common stock at exercise prices of $0.4231 per share for 54,286 shares and $0.4482 per share for 33,233 shares, as reported in the Form 4 filing.
Were the Firefly Aerospace (FLY) CFO’s transactions made under a Rule 10b5-1 plan?
No. The filing indicates that these transactions were not made pursuant to a Rule 10b5-1 trading plan, as the Rule 10b5-1 checkbox is marked false and the footnotes do not describe any such plan.
What type of securities did the Firefly Aerospace (FLY) CFO exercise and receive?
The CFO exercised Employee Stock Options (rights to buy) that were fully vested, converting them into common stock. The derivative transactions involved options, and the resulting non-derivative holdings reported are common shares acquired through these exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.
