Konert Kirk Michael 4
Research Summary
AI-generated summary
Firefly (FLY) Director Konert Kirk Michael Receives RSU Award
What Happened
- Konert Kirk Michael, a director of Firefly Aerospace Inc. (FLY), was granted 3,630 restricted stock units (RSUs) on 2026-06-04. The grant is reported as an award (code A) with a reported acquisition price of $0.00 (total reported value $0.00).
- These RSUs are contingent awards that convert to one share each upon vesting rather than an immediate purchase of stock.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (filed within the required two business days).
- Award: 3,630 RSUs; reported price per unit: $0.00; reported total value: $0.00.
- Vesting: RSUs vest on June 4, 2027, subject to continued service through the vesting date (Footnote F1).
- Nature of RSUs: Each RSU represents a contingent right to receive one share of common stock when vested (Footnote F2).
- Shares owned after transaction: not specified in the provided filing details.
Context
- This was a compensation grant (an award), not a market purchase or sale—grants are common as part of director compensation and do not by themselves indicate trading sentiment. The RSUs will only become actual shares if and when they vest on 06/04/2027 and any applicable conditions (continued service) are met.