[Form 4] Gemini Space Station, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gemini Space Station director Jonathan B. Durham reported acquisitions on 09/11/2025 that increased his direct holdings to 79,265 shares of Class A common stock. The filing shows a grant of 7,142 restricted stock units (RSUs) that vest in full on the first anniversary of the grant date, subject to continued service; each RSU converts to one share upon vesting. It also discloses receipt of 72,123 Class A shares issued in connection with the issuer's initial public offering in exchange for Durham's incentive profits interest units in Gemini Astronaut Corps, LLC. The Form 4 was signed by an attorney-in-fact on 09/15/2025.
Il direttore della Gemini Space Station, Jonathan B. Durham, ha comunicato operazioni effettuate il 11/09/2025 che hanno portato le sue partecipazioni dirette a 79.265 azioni ordinarie di Classe A. Il deposito rivela inoltre l’assegnazione di 7.142 unità di azioni vincolate (RSU) che maturano integralmente nel primo anniversario della data di concessione, previa continuazione del servizio; ogni RSU si trasforma in una quota al vesting. Viene inoltre indicata la ricezione di 72.123 azioni Classe A emesse in relazione all’IPO dell’emittente in cambio delle sue unità di interessi sui profitti incentivati in Gemini Astronaut Corps, LLC. Il Form 4 è stato firmato da un procuratore-in-fatto in data 15/09/2025.
El director de Gemini Space Station, Jonathan B. Durham, informó adquisiciones el 11/09/2025 que aumentaron sus participaciones directas a 79.265 acciones ordinarias de Clase A. La diligencia indica la concesión de 7.142 unidades de acciones restringidas (RSU) que se visten por completo al primer aniversario de la fecha de concesión, sujeto a la continuidad del servicio; cada RSU se convierte en una acción al vesting. También se informa la recepción de 72.123 acciones de Clase A emitidas con motivo de la oferta pública inicial del emisor a cambio de las unidades de interés por beneficios incentivados de Durham en Gemini Astronaut Corps, LLC. El Formulario 4 fue firmado por un apoderado en la fecha 15/09/2025.
제니스 스페이스 스테이션의 이사인 더럼은 2025년 9월 11일자 취득 내용을 보고했으며, 그의 직접 보유 주식이 Class A 일반주식 79,265주로 증가했습니다. 공시에는 부여된 7,142주의 제한 주식단위(RSU)가 부여일의 첫 기념일에 모두 vesting되며, 계속해서 근무하는 경우에 한해 주식으로 전환된다는 내용이 포함되어 있습니다. 또한 더럼의 인센티브 이익지분 유닛과 Gemini Astronaut Corps, LLC 간의 교환으로 발행사 IPO와 관련해 72,123주의 Class A 주식이 수령되었음을 밝힙니다. Form 4는 2025년 9월 15일에 대리인에 의해 서명되었습니다.
Le directeur de Gemini Space Station, Jonathan B. Durham, a signalé des acquisitions le 11/09/2025 qui ont porté ses avoirs directs à 79 265 actions ordinaires de Classe A. Le dépôt indique l’octroi de 7 142 unités d’actions restreintes (RSU) qui se vestent entièrement au premier anniversaire de la date d’attribution, sous réserve de la poursuite du service ; chaque RSU se convertit en une action lors du vesting. Il révèle également la réception de 72 123 actions de Classe A émises dans le cadre de l’IPO de l’émetteur, en échange des unités de profits incitatifs de Durham dans Gemini Astronaut Corps, LLC. Le Form 4 a été signé par un mandataire le 15/09/2025.
Der Geschäftsführer der Gemini Space Station, Jonathan B. Durham, meldete am 11.09.2025 Zukäufe, die seine direkten Beteiligungen auf 79.265 Class-A-Stammaktien erhöhten. Die Meldung weist eine Gewährung von 7.142 Restricted Stock Units (RSUs) aus, die am ersten Jahrestag des Gewährungsdatums vollständig vesten, vorbehaltlich fortgesetzter Dienste; Jede RSU wandelt sich bei Vesting in eine Aktie um. Weiterhin wird der Erhalt von 72.123 Class-A-Aktien offengelegt, die im Zusammenhang mit dem IPO des Emittenten im Austausch gegen Durhams Incentive Profits Interest Units in Gemini Astronaut Corps, LLC ausgegeben wurden. Das Formular 4 wurde von einem Bevollmächtigten am 15.09.2025 unterzeichnet.
أعلن مدير محطة Gemini Space Station، جوناثان ب. دورهام، عن عمليات اكتساب في 11/09/2025 أدت إلى ارتفاع ممتلكاته المباشرة إلى 79,265 سهماً عاديّاً من الفئة A. يبيّن الملف منح 7,142 وحدة أسهم مقيدة (RSUs) تستحق عند اكتمالها في الذكرى السنوية الأولى لتاريخ المنحة، شريطة الاستمرار في الخدمة؛ كل RSU تتحول إلى سهم واحد عند الاستحقاق. كما يكشف عن استلام 72,123 سهماً من فئة A صَدَرَت في إطار الطرح العام الأولي للمصدر مقابل وحدات أرباح حافزة للدورهام في Gemini Astronaut Corps, LLC. وقد تم توقيع النموذج Form 4 من قبل وكيل مفوَّض في 15/09/2025.
Gemini Space Station 总监 Jonathan B. Durham 于 2025/09/11 报告的收购使他直接持有的 A 类普通股增至 79,265 股。该披露显示授予 7,142 股受限股票单位（RSU），在授予日后的第一个周年时全部归属，需持续在岗；每个 RSU 在归属时将转换为一股股票。另披露在发行人首次公开发行（IPO）中发行的 72,123 股 A 类股票，作为 Durham 在 Gemini Astronaut Corps, LLC 的激励利润权益单位的对价。Form 4 由代理人于 2025/09/15 签署。
Positive
- Director increased direct ownership to 79,265 Class A shares following the transactions
- 72,123 shares received in connection with the issuer's initial public offering converting incentive profits interest units to Class A stock
- 7,142 RSUs granted that vest in full after one year, aligning executive interest with shareholder outcomes
Negative
- None.
Insights
TL;DR: Insider acquisitions increased the director's direct stake to 79,265 Class A shares, combining an IPO exchange and time‑vested RSUs.
The reported transactions show a meaningful shift from incentive units to public Class A shares: 72,123 shares were issued in the IPO conversion and 7,142 RSUs were granted that vest after one year. For analysts, the conversion of incentive units into publicly traded shares clarifies outstanding ownership and aligns compensation with equity performance. The RSU vesting schedule ties future share delivery to continued service, which is a common retention mechanism.
TL;DR: Director received shares via IPO reorganization and a one‑year RSU grant; governance impact is routine but increases disclosed insider ownership.
The Form 4 discloses direct beneficial ownership after the transactions and confirms the RSUs are service‑based with a one‑year cliff. This is a standard retention and alignment practice and the filing was executed by an attorney‑in‑fact. No departures, option repricings, or other unusual governance actions are disclosed.
Il direttore della Gemini Space Station, Jonathan B. Durham, ha comunicato operazioni effettuate il 11/09/2025 che hanno portato le sue partecipazioni dirette a 79.265 azioni ordinarie di Classe A. Il deposito rivela inoltre l’assegnazione di 7.142 unità di azioni vincolate (RSU) che maturano integralmente nel primo anniversario della data di concessione, previa continuazione del servizio; ogni RSU si trasforma in una quota al vesting. Viene inoltre indicata la ricezione di 72.123 azioni Classe A emesse in relazione all’IPO dell’emittente in cambio delle sue unità di interessi sui profitti incentivati in Gemini Astronaut Corps, LLC. Il Form 4 è stato firmato da un procuratore-in-fatto in data 15/09/2025.
El director de Gemini Space Station, Jonathan B. Durham, informó adquisiciones el 11/09/2025 que aumentaron sus participaciones directas a 79.265 acciones ordinarias de Clase A. La diligencia indica la concesión de 7.142 unidades de acciones restringidas (RSU) que se visten por completo al primer aniversario de la fecha de concesión, sujeto a la continuidad del servicio; cada RSU se convierte en una acción al vesting. También se informa la recepción de 72.123 acciones de Clase A emitidas con motivo de la oferta pública inicial del emisor a cambio de las unidades de interés por beneficios incentivados de Durham en Gemini Astronaut Corps, LLC. El Formulario 4 fue firmado por un apoderado en la fecha 15/09/2025.
제니스 스페이스 스테이션의 이사인 더럼은 2025년 9월 11일자 취득 내용을 보고했으며, 그의 직접 보유 주식이 Class A 일반주식 79,265주로 증가했습니다. 공시에는 부여된 7,142주의 제한 주식단위(RSU)가 부여일의 첫 기념일에 모두 vesting되며, 계속해서 근무하는 경우에 한해 주식으로 전환된다는 내용이 포함되어 있습니다. 또한 더럼의 인센티브 이익지분 유닛과 Gemini Astronaut Corps, LLC 간의 교환으로 발행사 IPO와 관련해 72,123주의 Class A 주식이 수령되었음을 밝힙니다. Form 4는 2025년 9월 15일에 대리인에 의해 서명되었습니다.
Le directeur de Gemini Space Station, Jonathan B. Durham, a signalé des acquisitions le 11/09/2025 qui ont porté ses avoirs directs à 79 265 actions ordinaires de Classe A. Le dépôt indique l’octroi de 7 142 unités d’actions restreintes (RSU) qui se vestent entièrement au premier anniversaire de la date d’attribution, sous réserve de la poursuite du service ; chaque RSU se convertit en une action lors du vesting. Il révèle également la réception de 72 123 actions de Classe A émises dans le cadre de l’IPO de l’émetteur, en échange des unités de profits incitatifs de Durham dans Gemini Astronaut Corps, LLC. Le Form 4 a été signé par un mandataire le 15/09/2025.
Der Geschäftsführer der Gemini Space Station, Jonathan B. Durham, meldete am 11.09.2025 Zukäufe, die seine direkten Beteiligungen auf 79.265 Class-A-Stammaktien erhöhten. Die Meldung weist eine Gewährung von 7.142 Restricted Stock Units (RSUs) aus, die am ersten Jahrestag des Gewährungsdatums vollständig vesten, vorbehaltlich fortgesetzter Dienste; Jede RSU wandelt sich bei Vesting in eine Aktie um. Weiterhin wird der Erhalt von 72.123 Class-A-Aktien offengelegt, die im Zusammenhang mit dem IPO des Emittenten im Austausch gegen Durhams Incentive Profits Interest Units in Gemini Astronaut Corps, LLC ausgegeben wurden. Das Formular 4 wurde von einem Bevollmächtigten am 15.09.2025 unterzeichnet.
FAQ
What changes to Jonathan B. Durham's holdings were reported on Form 4 for GEMI?
The filing reports Durham acquired 72,123 Class A shares in the IPO reorganization and was granted 7,142 RSUs, bringing his direct holdings to 79,265 shares.
When do the restricted stock units (RSUs) granted to Durham vest?
The RSUs (7,142) will vest in full on the first anniversary of the grant date, subject to Durham's continuous service through that date.
How were the 72,123 Class A shares obtained by the reporting person?
They were received in connection with the issuer's initial public offering and related reorganizational transactions in exchange for Durham's incentive profits interest units in Gemini Astronaut Corps, LLC.
What is the reporting person's relationship to Gemini Space Station, Inc. (GEMI)?
The Form 4 identifies Jonathan B. Durham as a Director of the issuer.
Who signed the Form 4 and when was it filed?
The Form 4 was signed by /s/ Tyler Meade, as attorney-in-fact on 09/15/2025.
GEMINI SPACE STA INC