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Director at Gemini Space Station (GEMI) receives 42,462 RSUs as equity compensation grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Esposito James Anthony reported acquisition or exercise transactions in this Form 4 filing.

Gemini Space Station director James Anthony Esposito received an equity grant of 42,462 Class A common stock units. These were awarded as restricted stock units (RSUs) under the company’s Non-Employee Director Compensation Policy at a stated price of $0.00 per share, indicating a compensation grant rather than a market purchase.

The RSUs vest on the earlier of the first anniversary of the grant date or the day immediately before Gemini Space Station’s next annual stockholder meeting, as long as Esposito continues serving as a director. After this award, he holds a total of 49,604 Class A shares directly, showing this is a sizable but routine director compensation grant rather than a discretionary open-market trade.

Positive

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Insider Esposito James Anthony
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 42,462 $0.00 --
Holdings After Transaction: Class A Common Stock — 49,604 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 42,462 units Restricted stock units granted to director on transaction date
Grant price $0.00 per share Stated transaction price for RSU award
Total shares after grant 49,604 shares Director’s direct Class A holdings following the transaction
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person"
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.
Non-Employee Director Compensation Policy financial
"granted to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy"
vesting financial
"Each RSU represents a contingent right to receive one share ... upon vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"the day immediately preceding the Issuer's next annual meeting of stockholders"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Esposito James Anthony

(Last)(First)(Middle)
600 THIRD AVENUE
2ND FLOOR

(Street)
NEW YORK NEW YORK 10016

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Gemini Space Station, Inc. [ GEMI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/16/2026A42,462(1)A$049,604D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon vesting. The RSUs vest on the earlier of (i) the first anniversary of the grant date and (ii) the day immediately preceding the Issuer's next annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service through the applicable vesting date.
Remarks:
/s/ Kate Freedman, as attorney-in-fact06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Gemini Space Station (GEMI) director James Esposito report on this Form 4?

James Esposito reported receiving 42,462 restricted stock units of GEMI Class A common stock as a compensation grant. These RSUs were awarded at a stated price of $0.00 per share and increase his direct holdings to 49,604 shares.

Is the Gemini Space Station (GEMI) Form 4 a stock purchase or compensation award?

The Form 4 reflects a compensation award, not an open-market purchase. Esposito received 42,462 restricted stock units at $0.00 per share under GEMI’s Non-Employee Director Compensation Policy, meaning he did not pay cash to acquire these shares.

How many Gemini Space Station (GEMI) shares does James Esposito hold after this transaction?

Following the RSU grant, Esposito holds 49,604 shares of GEMI Class A common stock directly. This total includes the newly awarded 42,462 restricted stock units, which convert into shares as they vest over time under the grant terms.

When do James Esposito’s GEMI restricted stock units from this grant vest?

The RSUs vest on the earlier of the first anniversary of the grant date or the day before GEMI’s next annual stockholder meeting. Vesting is conditioned on Esposito’s continued service as a director through the applicable vesting date.

What is an RSU grant under Gemini Space Station’s Non-Employee Director Compensation Policy?

An RSU grant awards directors a specified number of share units at no cash cost, converting into common stock upon vesting. For GEMI, Esposito’s 42,462 RSUs each represent a right to one Class A share once vesting conditions tied to his ongoing board service are met.