STOCK TITAN

Gemini Space Station (GEMI) director awarded 42,462 RSUs in stock-based compensation

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

Rhea-AI Filing Summary

Gemini Space Station, Inc. director Jonathan B. Durham received a grant of 42,462 restricted stock units (RSUs) of Class A common stock as compensation under the company’s Non-Employee Director Compensation Policy. Each RSU converts into one share upon vesting, bringing his direct holdings to 121,727 shares.

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, if he continues serving as a director through that date. This grant is a non-cash, equity-based award rather than an open-market purchase.

Positive

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Insider Durham Jonathan B
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 42,462 $0.00 --
Holdings After Transaction: Class A Common Stock — 121,727 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 42,462 units Restricted stock units granted to director on June 16, 2026
Grant price per RSU $0.00 per share Equity compensation, not an open-market purchase
Total shares after grant 121,727 shares Director’s direct Class A common stock holdings following transaction
Transaction code A Grant, award, or other acquisition of non-derivative securities
Transaction direction acquire Indicates an acquisition via grant/award, not a sale
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"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock"
vesting financial
"upon vesting. The RSUs vest on the earlier of (i) the first anniversary"
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 following the grant date"
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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*
Durham Jonathan B

(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$0121,727D
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 Jonathan Durham report on this Form 4?

Director Jonathan Durham reported receiving 42,462 restricted stock units in Gemini Space Station. These RSUs are a stock-based compensation award and will convert into Class A common shares when they vest, increasing his equity exposure to the company.

How many Gemini Space Station (GEMI) shares did Jonathan Durham hold after this RSU grant?

After the award, Jonathan Durham directly owned 121,727 shares of Class A common stock. This total includes the newly granted 42,462 restricted stock units, each representing a right to receive one share upon satisfying the vesting conditions.

What are the vesting terms of Jonathan Durham’s RSUs at Gemini Space Station (GEMI)?

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. Vesting is conditional on Durham’s continued service as a director through the applicable vesting date.

Did Jonathan Durham buy Gemini Space Station (GEMI) shares in the open market?

No, the Form 4 shows a grant of restricted stock units with a per-share price of $0.00. This is an equity compensation award under the non-employee director policy, not an open-market purchase or sale of Gemini Space Station shares.

What does each RSU granted to Jonathan Durham by Gemini Space Station (GEMI) represent?

Each restricted stock unit represents a contingent right to receive one share of Gemini Space Station’s Class A common stock. The shares are delivered only after vesting conditions are met, aligning the director’s compensation with long-term shareholder interests.