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Gemini Space Station (GEMI) interim CFO RSU grant and tax share sale detailed

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

Rhea-AI Filing Summary

Gemini Space Station, Inc. interim CFO Danijela Stojanovic reported a stock-based compensation grant and related tax share sale. She received 22,453 restricted stock units (RSUs) of Class A common stock that vested immediately, with each RSU converting into one share. To cover tax withholding obligations from this vesting, 8,438 shares of Class A common stock were sold at a weighted average price of $4.44 per share under the company’s sell-to-cover procedures, which the filing notes was not a discretionary trade. After these transactions, she directly holds 195,863 shares of Class A common stock.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant with automatic tax share sale; limited signaling value.

The interim CFO of Gemini Space Station, Inc. received 22,453 RSUs that fully vested, a standard equity compensation practice aligning pay with shareholder interests. Each RSU delivers one share of Class A common stock, increasing her direct equity exposure.

To satisfy tax withholding from this vesting, 8,438 shares were sold at a weighted average price of $4.44 per share under issuer “sell-to-cover” procedures. The filing states this was not a discretionary trade, so it carries little information about her view of the stock.

Following the transactions, she directly owns 195,863 shares of Class A common stock. The sale represents only a portion of her holdings, reinforcing that this is primarily a compensation and tax event rather than a strategic portfolio shift.

Insider Stojanovic Danijela
Role Interim CFO
Sold 8,438 shs ($37K)
Type Security Shares Price Value
Sale Class A Common Stock 8,438 $4.44 $37K
Grant/Award Class A Common Stock 22,453 $0.00 --
Holdings After Transaction: Class A Common Stock — 195,863 shares (Direct, null)
Footnotes (1)
  1. Represents a grant of 22,453 restricted stock units ("RSUs"), which immediately vest in full. Each RSU represents a contingent right to receive one share of Class A common stock. Represents shares of Class A common stock sold solely to cover tax withholding obligations in connection with the vesting and settlement of RSUs. 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 $4.13 to $4.87. 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.
RSU grant 22,453 shares Restricted stock units vested immediately for interim CFO
Tax-related share sale 8,438 shares Shares sold to cover RSU tax withholding
Sale price (weighted average) $4.44 per share Average price for tax-related share sale
Post-transaction holdings 195,863 shares Class A common stock held directly after transactions
Sale price range $4.13–$4.87 per share Range of prices for multiple sale transactions
restricted stock units financial
"Represents a grant of 22,453 restricted stock units ("RSUs"), which immediately vest in full."
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.
RSUs financial
"Represents a grant of 22,453 restricted stock units ("RSUs"), which immediately vest in full."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
sell-to-cover procedures financial
"The sale was effected pursuant to the issuer's sell-to-cover procedures and does not represent a discretionary trade"
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.
tax withholding obligations financial
"sold solely to cover tax withholding obligations in connection with the vesting and settlement of RSUs."
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FAQ

What insider transactions did GEMI’s interim CFO report on this Form 4?

The interim CFO reported two transactions: a grant of 22,453 restricted stock units that vested immediately, and the sale of 8,438 Class A shares to cover taxes from that vesting under the company’s sell-to-cover procedures.

How many GEMI shares did the interim CFO receive through RSUs?

She received 22,453 restricted stock units, each representing one share of Class A common stock. The RSUs vested in full immediately, increasing her direct share ownership before any tax-related share sales were executed under the sell-to-cover program.

Why were 8,438 GEMI shares sold by the interim CFO?

The 8,438 shares were sold solely to cover tax withholding obligations triggered by the vesting and settlement of RSUs. The filing explains the transactions followed the issuer’s sell-to-cover procedures and were not discretionary trades reflecting a market-timing decision.

How many GEMI shares does the interim CFO hold after these transactions?

After the RSU grant and the tax-related share sale, the interim CFO directly holds 195,863 shares of Class A common stock. This figure reflects her updated post-transaction ownership position as disclosed in the Form 4 filing with the SEC.
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)
07/01/2026
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 Stock07/01/2026A22,453(1)A$0204,301D
Class A Common Stock07/02/2026S8,438(2)D$4.44(3)195,863D
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 a grant of 22,453 restricted stock units ("RSUs"), which immediately vest in full. Each RSU represents a contingent right to receive one share of Class A common stock.
2. Represents shares of Class A common stock sold solely to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was effected pursuant to the issuer's sell-to-cover procedures and does not represent a discretionary trade by the Reporting Person.
3. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $4.13 to $4.87. 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 Stojanovic07/06/2026
** 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)