Bromley Sean David 4

What Happened

• Sean David Bromley, a director of Starfighters Space, had a derivative conversion on Apr 2, 2026. The filing shows an acquisition/conversion of 11,250 shares (no cash price reported) and a simultaneous disposition of 11,250 shares at $0.00. The transaction is reported under code M (exercise/conversion of a derivative).
• The filing does not report a cash proceeds value for the acquisition; the $0.00 disposition typically indicates shares surrendered or withheld (commonly for tax withholding) rather than an open-market sale. Based on the entries provided, the reported net change in shares from these two lines is zero (11,250 acquired, 11,250 disposed).

Key Details

• Transaction date: 2026-04-02; Form 4 filed 2026-04-03 (timely filing).
• Acquisition: 11,250 shares (conversion of derivative) — price: N/A.
• Disposition: 11,250 shares — price: $0.00; total reported proceeds $0.00.
• Shares owned after transaction: not stated in the supplied excerpt of the filing.
• Footnotes: F1 clarifies each Restricted Stock Unit (RSU) equals one share at settlement. F2 describes the RSU vesting schedule and performance/price-based accelerated vesting conditions (50% vesting on June 16, 2026, with additional tranches that may vest earlier if certain price thresholds or sustained trading conditions are met).
• Transaction codes: M = exercise/conversion of a derivative; the $0 disposition often reflects tax withholding (code F-type activity in many filings).

Context

• This filing reflects RSU conversion/settlement activity, not an open-market purchase or sale. When RSUs settle, companies commonly withhold a portion of shares to cover taxes; those withheld shares appear as dispositions at $0 in filings.
• The vesting footnote indicates some RSUs remain subject to time- and price-based conditions; consult the full proxy/award agreement for details if the timing or potential future vesting is material to investment decisions.