SIDU Form 4/A: 10,896 RSU grant; 7,955 shares vested and converted
Rhea-AI Filing Summary
Sidus Space insider Dana S. Kilborne, a company director, reported stock-unit grants and conversions on 08/01/2025. The filing amends an earlier Form 4 and shows a grant of 10,896 restricted stock units (RSUs), of which 7,955 vested immediately and converted into Class A Common Stock on the grant date at a $0 price.
The RSU award schedule shows the remaining 3, ( - see explanation ) 7,955 unvested/remaining units vesting in installments of 735 on each of 10/01/2025, 01/01/2026, 04/01/2026 and 07/01/2026. Following the reported transactions the filing lists 7,955 shares beneficially owned from the immediate conversion and a total of 10,896 RSU-based shares under Table II.
Positive
- 10,896 RSU grant documented, showing planned compensation alignment with the company
- 7,955 RSUs vested and converted immediately on 08/01/2025, increasing direct beneficial ownership
Negative
- No price paid for converted RSUs (reported price $0), indicating share issuance without cash consideration
- Dilution schedule in place with 3,941 remaining RSUs to vest across four future dates (735 each)
Insights
Director received RSU grant with immediate vesting of 7,955 shares.
The filing documents a grant of 10,896 RSUs on 08/01/2025, with 7,955 units vesting and converting to Class A Common Stock immediately at a $0 price, increasing the reporting person's direct beneficial ownership by 7,955 shares.
The remaining RSUs vest in four equal installments of 735 shares on 10/01/2025, 01/01/2026, 04/01/2026, and 07/01/2026, creating a clear, dated schedule for additional share issuance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,896 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,955 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,955 | $0.00 | -- |
Footnotes (1)
- Represents the conversion upon vesting of restricted stock units (RSUs) into Class A Common Stock. On August 1, 2025, the reporting person was granted 10,896 RSUs, of which 7,955 vested upon the date of grant. The vested RSUs which converted on August 1, 2025 are reported in Table II on this Form 4. Each restricted stock unit is the economic equivalent of one share of Sidus Space, Inc.'s Class A Common Stock. On August 1, 2025, the reporting person was granted 10,896 RSUs, of which 7,955 vested upon the date of grant and 735 vest on each of October 1, 2025, January 1, 2026, April 1, 2026 and July 1, 2026. The Class A Common Stock into which such vested RSUs converted on August 1, 2025 is reported in Table I on this Form 4.
