[Form 4/A] Sidus Space Inc. Amended Insider Trading Activity
Rhea-AI Filing Summary
Leonardo Riera, a director of Sidus Space, Inc. (SIDU), reported an amended Form 4 disclosing equity awards and conversions on 08/01/2025. He was granted 9,167 restricted stock units (RSUs), of which 7,206 vested immediately and converted into 7,206 shares of Class A Common Stock on that date. Table I records the receipt of 7,206 shares at a $0 price and beneficial ownership of 7,206 shares following the transaction. Table II reports the grant of 9,167 RSUs and the vesting schedule for the remaining awards: 490 RSUs vesting on each of 10/01/2025, 01/01/2026, 04/01/2026, and 07/01/2026. The form is signed by the reporting person on 10/02/2025.
Positive
- 7,206 RSUs vested immediately and converted to 7,206 Class A shares, increasing director alignment
- Grant includes a defined vesting schedule: 490 RSUs vesting on each of 10/01/2025, 01/01/2026, 04/01/2026, and 07/01/2026
Negative
- 9,167 RSU grant potentially dilutive if all units convert to shares
- Immediate conversion of 7,206 RSUs increases outstanding Class A shares without cash consideration ($0 price)
Insights
Director received equity awards with immediate vesting and a staged vesting schedule for the remainder.
The filing documents a 9,167-unit RSU grant to director Leonardo Riera with 7,206 units vesting immediately and converting to Class A Common Stock on 08/01/2025. Immediate vesting increases the director's direct shareholdings by 7,206 shares as reported in Table I.
The remaining RSUs follow a clear quarterly vesting schedule of 490 RSUs on each of 10/01/2025, 01/01/2026, 04/01/2026, and 07/01/2026, which creates future, time‑based dilution only if shares are issued upon vesting. The form is an amended filing, signed on 10/02/2025, and shows all transactions reported at a $0 per‑share conversion price.