Sidus Space (NASDAQ: SIDU) director granted 24,365 RSUs, 7,124 vested
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sidus Space Inc. director Lavanson Coffey reported equity compensation tied to restricted stock units. On July 1, 2026, Coffey was granted 24,365 RSUs, each equal to one share of Class A Common Stock. Of this grant, 7,124 RSUs vested immediately and converted into Class A shares, increasing Coffey’s direct common stock holdings to 13,006 shares. The remaining 17,241 RSUs are scheduled to vest on June 30, 2027, providing additional potential future equity if service and other vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,124 shares exercised/converted
Mixed
3 txns
Insider
Coffey Lavanson
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 24,365 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,124 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,124 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 24,365 shares (Direct, null);
Class A Common Stock — 13,006 shares (Direct, null)
Footnotes (1)
- Represents the conversion upon vesting of restricted stock units (RSUs) into Class A Common Stock. On July 1, 2026, the reporting person was granted 24,365 RSUs, of which 7,124 vested upon the date of grant and 17,241 vest on June 30, 2027. The vested RSUs which converted on July 1, 2026 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 July 1, 2026, the reporting person was granted 24,365 RSUs, of which 7,124 vested upon the date of grant and 17,241 vest on June 30, 2027. The vested RSUs which converted on July 1, 2026 are reported in Table II on this Form 4.
Key Figures
RSUs granted: 24,365 RSUs
RSUs vested immediately: 7,124 RSUs
RSUs vesting later: 17,241 RSUs
+3 more
6 metrics
RSUs granted
24,365 RSUs
Grant to director Lavanson Coffey on July 1, 2026
RSUs vested immediately
7,124 RSUs
Vested and converted to Class A Common Stock on July 1, 2026
RSUs vesting later
17,241 RSUs
Scheduled to vest on June 30, 2027
Common shares after conversion
13,006 shares
Director’s direct Class A Common Stock holdings following July 1, 2026
RSU exercise price
$0.00 per unit
Conversion or exercise price for RSUs reported
RSUs converted
7,124 units
RSUs that converted into Class A Common Stock on July 1, 2026
Key Terms
Restricted Stock Units, Class A Common Stock, economic equivalent, vest
4 terms
Restricted Stock Units financial
"On July 1, 2026, the reporting person was granted 24,365 RSUs, of which 7,124 vested upon the date of grant"
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.
Class A Common Stock financial
"Represents the conversion upon vesting of restricted stock units (RSUs) into Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share of Sidus Space, Inc.'s Class A Common Stock."
vest financial
"On July 1, 2026, the reporting person was granted 24,365 RSUs, of which 7,124 vested upon the date of grant and 17,241 vest on June 30, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did Sidus Space (SIDU) director Lavanson Coffey report?
Lavanson Coffey reported equity compensation activity, including an award of 24,365 restricted stock units and the vesting and conversion of 7,124 RSUs into Class A Common Stock on July 1, 2026, increasing his direct share ownership.
How many RSUs were granted to Lavanson Coffey at Sidus Space (SIDU)?
Coffey received a grant of 24,365 restricted stock units. According to the filing, these RSUs represent the right to receive an equal number of Sidus Space Class A shares, with some units vesting immediately and the rest vesting on a future date.
How many Sidus Space (SIDU) RSUs vested immediately for Lavanson Coffey?
Out of the 24,365 RSUs granted, 7,124 vested on July 1, 2026. Those vested units converted into an equal number of Class A Common Stock shares on that date, as disclosed in the Form 4 footnotes.
When will the remaining Sidus Space (SIDU) RSUs for Lavanson Coffey vest?
The remaining 17,241 restricted stock units are scheduled to vest on June 30, 2027. Vesting typically depends on continued service and any additional conditions described in the company’s equity incentive arrangements.