Voyager (VOYG) Insider Files Option Grant — 7,500 Shares

Rhea-AI Filing Summary

Matthew Magana, identified as an officer and director of Voyager Technologies, Inc. (VOYG), reported an award of a stock option on 08/21/2025. The option covers 7,500 shares of Class A Common Stock with an exercise price of $30.59. The filing states the option vests 25% on August 21, 2026 and the remaining shares vest in 36 substantially equal monthly installments thereafter.

The transaction was reported on Form 4 and signed by an attorney-in-fact on 08/22/2025. The filing lists Magana's title as President, Defense & National Security and shows the reported ownership form as Direct.

Positive

• Option grant disclosed: The filing explicitly reports a stock option covering 7,500 shares at an exercise price of $30.59.
• Clear vesting schedule: Vesting is specified as 25% on 08/21/2026 and the remainder in 36 monthly installments thereafter.
• Timely reporting: Form 4 was executed and filed with a signature by attorney-in-fact on 08/22/2025.

Negative

• None.

Insights

Securities Analyst

TL;DR: Officer filed a standard option grant for 7,500 shares at $30.59 with multi-year vesting; disclosure appears routine.

The Form 4 reports an option grant dated 08/21/2025 to a named officer totaling 7,500 underlying Class A shares at an exercise price of $30.59. Vesting is explicitly defined: 25% after one year (08/21/2026) and the remainder in 36 monthly installments, which clarifies future dilution timing. Reporting and signature were completed on 08/22/2025 by an attorney-in-fact. From a reporting perspective, the filing supplies required detail on quantity, price, vesting schedule, and direct ownership form; no additional compensatory terms or anomalies are disclosed in the document.

Corporate Governance Expert

TL;DR: Disclosure shows a typical executive option grant with explicit vesting; nothing in the filing indicates unusual governance concerns.

The filing names the recipient and role, quantifies the award, and provides a clear vesting timetable. The record shows direct beneficial ownership following the grant and a timely Form 4 filing. There are no statements in the filing about acceleration provisions, performance conditions, or related-party pecuniary terms beyond those listed, so governance implications are limited to the disclosed grant details.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Magana Matthew

(Last) (First) (Middle)

C/O VOYAGER TECHNOLOGIES, INC.

1225 17TH STREET, SUITE 1100

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Voyager Technologies, Inc./DE [ VOYG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEE REMARKS

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$30.59	08/21/2025		A		7,500		(1)	08/20/2035	Class A Common Stock	7,500	$0	7,500	D

Explanation of Responses:

1. The stock option will vest with respect to 25% of the underlying shares of Class A Common Stock on August 21, 2026, and with respect to the remaining shares in 36 substantially equal monthly installments thereafter.

Remarks:

President, Defense & National Security

	/s/ Margaret J. Vernal, as Attorney-in-Fact, for Matthew Magana	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Matthew Magana report on VOYG Form 4?

The Form 4 reports an option grant of 7,500 shares of Class A Common Stock with an exercise price of $30.59, dated 08/21/2025.

When does the stock option granted to Matthew Magana begin vesting?

The option vests 25% on August 21, 2026, with the remaining shares vesting in 36 substantially equal monthly installments after that date.

What role does Matthew Magana hold at Voyager Technologies?

The filing lists Magana's title as President, Defense & National Security and indicates he is an officer and director.

How much does the Form 4 indicate will be beneficially owned after the transaction?

The filing shows 7,500 underlying shares of Class A Common Stock associated with the reported option following the transaction.

Who signed the Form 4 filing for Matthew Magana and when?

The Form 4 was signed by Margaret J. Vernal, as Attorney-in-Fact on 08/22/2025.