STOCK TITAN

Gemini Space Station (GEMI) interim CFO sells 11,700 shares to cover RSU tax

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

Rhea-AI Filing Summary

Gemini Space Station, Inc. interim CFO Danijela Stojanovic disposed of 11,700 shares of Class A common stock on May 20, 2026 at a weighted average price of $5.05 per share. The shares were sold solely to cover tax withholding obligations related to vesting restricted stock units under the company’s sell-to-cover procedures and were not a discretionary trade. After this tax-related sale, she directly owns 181,848 Class A shares.

Positive

  • None.

Negative

  • None.
Insider Stojanovic Danijela
Role Interim CFO
Sold 11,700 shs ($59K)
Type Security Shares Price Value
Sale Class A Common Stock 11,700 $5.05 $59K
Holdings After Transaction: Class A Common Stock — 181,848 shares (Direct, null)
Footnotes (1)
  1. Represents shares of Class A common stock sold solely to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale was effected pursuant to the issuer's sell-to-cover procedures and does not represent a discretionary trade by the Reporting Person. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.16. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Shares disposed 11,700 shares Class A Common Stock sold on May 20, 2026
Weighted average sale price $5.05/share Tax-related sale of Class A shares
Post-transaction holdings 181,848 shares Direct ownership after May 20, 2026 disposal
Sale price range $5.00–$5.16/share Multiple transactions within reported range
sell-to-cover financial
"The sale was effected pursuant to the issuer's sell-to-cover procedures"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
restricted stock units financial
"in connection with the vesting and settlement 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.
weighted average price financial
"The price reported in Column 4 is the weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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*
Stojanovic Danijela

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Interim CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
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 Stock05/20/2026S11,700(1)D$5.05(2)181,848D
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 shares of Class A common stock sold solely to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale was effected pursuant to the issuer's sell-to-cover procedures and does not represent a discretionary trade by the Reporting Person.
2. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.16. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Danijela Stojanovic05/21/2026
** 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 interim CFO Danijela Stojanovic report?

Interim CFO Danijela Stojanovic reported disposing of 11,700 GEMI Class A shares. The sale occurred on May 20, 2026, and was executed under the company’s sell-to-cover procedures to satisfy tax withholding obligations tied to restricted stock unit vesting.

At what price were the GEMI shares sold in this insider transaction?

The 11,700 GEMI shares were sold at a weighted average price of $5.05 per share. According to the disclosure, individual trades occurred between $5.00 and $5.16, and detailed breakdowns are available to the company, shareholders, or regulators on request.

Why did GEMI’s interim CFO sell 11,700 shares of Class A common stock?

The 11,700 GEMI shares were sold solely to cover tax withholding obligations from vesting restricted stock units. The transaction followed the issuer’s sell-to-cover procedures and is described as non-discretionary, meaning it does not reflect an elective market-timing decision by the executive.

How many GEMI shares does the interim CFO hold after this transaction?

After the tax-related sale, the interim CFO directly owns 181,848 shares of GEMI Class A common stock. This figure reflects her position immediately following the 11,700-share disposal and provides context for the relative scale of the tax-withholding transaction.

Was the GEMI insider sale part of an open-market trade or a special program?

The sale is coded as an open-market transaction but is described as executed under the issuer’s sell-to-cover procedures. It was undertaken only to satisfy tax withholding tied to restricted stock unit vesting, rather than as a discretionary investment or trading decision.