Bromley Sean David 4

What Happened

• Sean David Bromley, a director of Starfighters Space, Inc. (FJET), reported the conversion (exercise) of a derivative into 11,250 shares on March 12, 2026. The filing also shows a simultaneous disposition of 11,250 shares at $0.00. The transaction was reported on a Form 4 filed March 13, 2026 (period of report: March 12, 2026).
• The filing identifies these instruments as Restricted Stock Units (RSUs) (see footnote F1). No cash proceeds are reported for the disposition.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (appears timely).
• Transaction codes: M = exercise or conversion of a derivative security (RSU conversion recorded).
• Acquired: 11,250 shares via conversion/exercise; Disposed: 11,250 shares at $0.00 (reported as a derivative disposal).
• Shares owned after transaction: not specified in the information provided in your summary.
• Footnotes: F1 confirms each RSU converts to one common share. F2 details the RSU vesting schedule (50% on June 16, 2026; remaining portions tied to time and share-price triggers through May 17, 2026).
• No explicit 10b5-1 plan, tax-withholding code, or sale-for-cash proceeds is shown in the provided data.

Context

• The M code and the RSU footnote indicate this was a conversion/settlement of RSUs. The matching acquisition and $0 disposition often reflect shares issued on settlement and immediately surrendered/retired or used to satisfy withholding obligations, but the filing itself lists $0 proceeds and does not state the exact mechanism.
• This is a derivative/award settlement event rather than an open-market buy or sell. Such events change the form of compensation into shares but do not necessarily indicate a bullish or bearish trading decision by the insider.