Goldmeier Brian Yale 4
4 · Starfighters Space, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Starfighters Space (FJET) Director Brian Goldmeier Exercises RSUs
What Happened
Brian Yale Goldmeier, a director of Starfighters Space, reported the exercise/conversion of derivative awards on June 5, 2026. The Form 4 lists a total of 15,000 derivative units converted: 7,500 shares reported as acquired and 7,500 shares reported as disposed at $0.00. Transaction code "M" indicates exercise or conversion of a derivative (here, Restricted Stock Units per the filing footnote).
Key Details
- Transaction date: 2026-06-05; Form 4 filed 2026-06-08 (timely filing).
- Reported amounts: 7,500 shares acquired (derivative); 7,500 shares disposed at $0.00 (derivative). No cash value reported for the acquisition line.
- Shares owned after the transaction: not specified in the filing.
- Footnote F1: Each Restricted Stock Unit (RSU) represents the right to receive one share of common stock at settlement.
- Footnote F2: RSUs carry a vesting schedule (50% vesting on June 16, 2026; remaining portions vest June 16, 2026 or earlier if certain stock-price conditions are met).
- The filing does not state the reason for the zero-dollar disposition (the Form 4 does not explicitly say whether shares were surrendered for tax withholding or settled net).
Context
This filing documents conversion/exercise of RSUs rather than an open-market buy or sale. When filings show both acquired and disposed shares in connection with a derivative conversion, it can reflect settlement mechanics (for example, shares issued and some surrendered to the company), but the Form 4 here does not specify the settlement method. No inference about Goldmeier’s view of the company should be assumed from this administrative derivative conversion.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-05+7,500→ 18,750 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-05−7,500→ 56,250 total→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
- [F2]The Restricted Stock Units vest as to 50% on June 16, 2026, 25% either June 16, 2026 or immediately if closing price is greater than $17.95 for 10 consecutive trading days starting December 18, 2025, 5% either June 16, 2026 or immediately if closing price is greater than $5.38 on any day, 5% either on June 16, 2026 or immediately if closing price is greater than $5.38 for 10 consecutive trading days starting Feb. 16, 2026, 5% either on June 16, 2026 or immediately if closing price is greater than $5.38 for 10 consecutive trading days starting March 18, 2026, 5% either on June 16, 2026 or immediately if closing price is greater than $5.38 for 10 consecutive trading days starting April 17, 2026, and 5% either on June 16, 2026 or immediately if closing price is greater than $5.38 for 10 consecutive trading days starting May 17, 2026.