Bromley Sean David 4

What Happened

• Sean Bromley, a director of Starfighters Space, Inc. (FJET), reported the conversion/exercise of a derivative on June 5, 2026. The filing shows 22,500 shares were acquired via conversion/exercise and 22,500 shares were concurrently disposed at $0.00. The reporting uses code M (exercise/conversion of derivative) and the disposal at $0.00 indicates the shares were surrendered on settlement; no cash value is reported in the filing.

Key Details

• Transaction date: June 5, 2026; Form 4 filed: June 8, 2026 (timely).
• Acquired: 22,500 shares via exercise/conversion (price reported as N/A).
• Disposed: 22,500 shares at $0.00 (derivative disposition).
• Shares owned after transaction: not provided in the information supplied.
• Footnotes: F1 confirms each Restricted Stock Unit (RSU) represents the right to receive one share on settlement. F2 outlines a conditional vesting schedule for the RSUs (50% vesting June 16, 2026, with remaining tranches tied to date or share-price milestones).
• Transaction codes: M = exercise/conversion of a derivative. No 10b5-1 plan or tax-withholding code explicitly stated in the provided filing lines.

Context

• The filing indicates a conversion/settlement of RSUs rather than an open-market buy or discretionary sale. The simultaneous acquisition and $0.00 disposition commonly reflects procedural settlement activity (for example, share surrender at settlement), but the Form 4 does not state the specific reason for the $0 disposition. This is not a straightforward cash purchase or sale that signals trading sentiment; it documents the settlement of a derivative award.