Sidus Space (SIDU) insider converted 6,975 RSUs on 08/01/2025
John Cole, a director of Sidus Space, Inc. (Ticker: SIDU), received a grant of 8,936 restricted stock units (RSUs) on 08/01/2025.
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Rhea-AI Filing Summary
John Cole, a director of Sidus Space, Inc. (Ticker: SIDU), received a grant of 8,936 restricted stock units (RSUs) on 08/01/2025. Of those RSUs, 6,975 vested immediately and converted into 6,975 shares of Class A Common Stock reported on this amended Form 4. The remaining 1,961 RSUs did not vest as of the report and are scheduled to vest in four equal installments of 490 RSUs on 10/01/2025, 01/01/2026, 04/01/2026, and 07/01/2026. The transactions were reported as occurring on 08/01/2025 and the form was amended on 08/04/2025.
Positive
- 8,936 RSUs granted to the reporting director on 08/01/2025
- 6,975 RSUs vested and converted into 6,975 Class A shares on 08/01/2025
Negative
- 1,961 RSUs remain unvested and subject to future vesting through 07/01/2026
Insights
Director received immediate equity via RSU conversion; partial vesting schedule remains.
The reporting shows a grant of 8,936 RSUs with 6,975 units vesting and converting to Class A shares on 08/01/2025, creating immediate equity ownership for the director. The remaining 1,961 RSUs vest in four scheduled installments of 490 units each through 07/01/2026, which staggers future dilution and aligns incentives over time.
Amended Form 4 documents insider compensation disclosure and timing.
The amendment records both the grant and the conversion upon vesting, clarifying beneficial ownership changes for compliance with Section 16 reporting. The immediate vesting portion increases the director's reported share count by 6,975, while the remaining scheduled vesting preserves ongoing alignment with the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,936 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,975 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,975 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents the conversion upon vesting of restricted stock units (RSUs) into Class A Common Stock. On August 1, 2025, the reporting person was granted 8,936 RSUs, of which 6,975 vested upon the date of grant. The vested RSUs which converted on August 1, 2025 are reported in Table II on this Form 4.
- F2. Each restricted stock unit is the economic equivalent of one share of Sidus Space, Inc.'s Class A Common Stock.
- F3. On August 1, 2025, the reporting person was granted 8,936 RSUs, of which 6,975 vested upon the date of grant and 490 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.
FAQ
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What did Sidus Space (SIDU) report on Form 4/A for John Cole?
What is the remaining vesting schedule for the unvested RSUs?
Was there any cash consideration for the RSU conversion?
When was the Form 4 amended and signed?
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