Director at Gemini Space Station (GEMI) receives 18,656 RSU equity grant
Rhea-AI Filing Summary
Filipakis Maria reported acquisition or exercise transactions in this Form 4 filing.
Gemini Space Station, Inc. reported that director Maria Filipakis received a grant of 18,656 shares of Class A common stock in the form of restricted stock units at no cash cost per share. Following this equity award, she holds 34,708 shares directly.
The 18,656 RSUs will vest over one year in four substantially equal quarterly installments beginning on May 20, 2026, conditioned on her continued service. Each RSU represents a contingent right to receive one share of Class A common stock, linking her compensation more closely to shareholder outcomes.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant aligns compensation with Gemini Space Station equity.
The filing shows Maria Filipakis, a director of Gemini Space Station, Inc., receiving 18,656 restricted stock units as compensation, with a stated price of $0.0000 per share. This indicates a non-cash equity award rather than an open-market purchase.
The RSUs vest in four substantially equal quarterly installments over a one-year period beginning on May 20, 2026, subject to continuous service. This structure is typical for board compensation and is designed to encourage ongoing service and alignment with shareholder interests.
After the grant, Filipakis directly holds 34,708 shares of Class A common stock. The absence of sales or derivative exercises in this filing suggests a straightforward compensation event, with no indication of discretionary trading activity or changes in her broader equity exposure beyond this award.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,656 | $0.00 | -- |
Footnotes (1)
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