STOCK TITAN

Gemini Space Station (GEMI) director granted 42,462 RSUs as stock compensation

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

Rhea-AI Filing Summary

Gemini Space Station, Inc. director Sachin Chand Jaitly received an equity grant of 42,462 Class A Common Stock RSUs. These restricted stock units were granted at no cash cost under the company’s Non-Employee Director Compensation Policy.

Each RSU converts into one share of Class A common stock upon vesting. The RSUs vest on the earlier of the first anniversary of the grant date or the day immediately before the company’s next annual stockholder meeting, as long as Jaitly continues to serve through the vesting date. Following this award, he directly owns 49,604 shares.

Positive

  • None.

Negative

  • None.
Insider Jaitly Sachin Chand
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 shares Class A Common Stock RSU award to director
Grant price $0.00 per share RSU grant under Non-Employee Director Compensation Policy
Shares held after transaction 49,604 shares Total direct Class A holdings post-award
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant"
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"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Jaitly Sachin Chand

(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 insider transaction did GEMI director Sachin Chand Jaitly report?

Sachin Chand Jaitly reported an acquisition of 42,462 restricted stock units of Gemini Space Station, Inc. Class A common stock. The award was granted under the company’s Non-Employee Director Compensation Policy and represents stock-based compensation rather than an open-market purchase.

At what price were the GEMI RSUs granted to Sachin Chand Jaitly?

The 42,462 restricted stock units were granted at a price of $0.00 per share. This reflects a typical stock-based compensation award, where units are granted without cash payment but are subject to vesting conditions before becoming actual shares.

How do the GEMI RSUs granted to Sachin Chand Jaitly vest?

The RSUs vest on the earlier of the first anniversary of the grant date or the day immediately before Gemini Space Station, Inc.’s next annual stockholders’ meeting. Vesting is conditioned on Jaitly’s continued service with the company through the applicable vesting date.

What does each RSU granted to Sachin Chand Jaitly represent for GEMI?

Each restricted stock unit represents a contingent right to receive one share of Gemini Space Station, Inc. Class A common stock. The units convert into actual shares only upon satisfying the vesting conditions, aligning director compensation with shareholder interests over time.

How many GEMI shares does Sachin Chand Jaitly hold after this RSU grant?

After the award, Sachin Chand Jaitly directly holds 49,604 shares of Gemini Space Station, Inc. Class A common stock. This total reflects his position following the 42,462 restricted stock unit grant reported in the Form 4 filing.