Goldstein Scott (NMN) 4
4 · Applied Aerospace & Defense, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
AADX Director Scott Goldstein Receives RSUs and Buys 500 Shares
What Happened
Director Scott Goldstein was granted 4,250 Restricted Share Units (RSUs) on June 4, 2026, valued at $20.00 per share (total $85,000) and also purchased 500 shares in an open/ directed purchase at $20.00 per share (total $10,000). The RSU grant is a compensatory award (no shares issued until vesting); the 500-share transaction was an actual purchase.
Key Details
- Transaction date: June 4, 2026. Prices: $20.00 per share for both the RSU grant and the purchase.
- Quantities/values: 4,250 RSUs (A) = $85,000 not immediately issued; 500 shares purchased (P) = $10,000.
- Vesting/settlement: RSUs vest on the first anniversary of the grant (or immediately prior to the next Annual Meeting, if sooner) contingent on continued board service; each vested RSU converts to one common share and will be delivered within 30 days of vesting.
- Purchase type: The 500 shares were bought under the issuer’s directed share program in connection with the company’s IPO (per footnote).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing timeliness: Reported on the same date as the transactions (no late filing indicated).
Context
RSUs are a compensation award and do not represent immediate ownership until they vest; the separate 500-share purchase is an outright buy (more indicative of personal investment). This filing shows both a routine director equity grant and a small insider purchase, rather than any insider sale.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-04$20.00/sh+4,250$85,000→ 4,250 total - Purchase
Common Stock
[F2]2026-06-04$20.00/sh+500$10,000→ 4,750 total
Footnotes (2)
- [F1]The reported securities represent Restricted Share Units ("RSUs") granted to the Reporting Person on June 4, 2026 (the "Date of Grant"). Each RSU represents the contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest on the first anniversary of the Date of Grant, provided that the RSUs shall become fully vested as of the day immediately preceding the next Annual Meeting, if sooner (the earlier of such dates, the "Vesting Date"). Vesting of the RSUs is subject in all cases to the Reporting Person's continuous service to the Company as a member of the Board of Directors from the Date of Grant through the Vesting Date. With respect to each vested RSU, the Reporting Person shall receive one share of common stock within 30 days following the date on which an RSU becomes vested.
- [F2]The reported securities represent shares of common stock purchased by the reporting person under the directed share program in connection with the Issuer's initial public offering.