Goldmeier Brian Yale 4
Research Summary
AI-generated summary
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.