Boland Ryan Michael 4
Research Summary
AI-generated summary
Firefly Aerospace (FLY) Director Ryan M. Boland Receives RSU Award
What Happened
- Ryan M. Boland, a director of Firefly Aerospace, was granted 3,630 restricted stock units (RSUs) on June 4, 2026. The RSUs were awarded at $0.00 (no cash exchanged) and represent a contingent right to receive one share of common stock per RSU if vesting conditions are met. The RSUs vest on June 4, 2027, subject to continued service.
Key Details
- Transaction date: 2026-06-04; Filing date: 2026-06-08 (filed within the required two business days).
- Award: 3,630 RSUs granted; grant price reported as $0.00 (award, not a purchase).
- Vesting: RSUs vest on June 4, 2027, subject to continued service (footnote F1).
- RSU mechanics: Each RSU represents a contingent right to one share upon vesting (footnote F2).
- Other footnotes: Filing notes the reporting person has control/beneficial interests related to Mars Technology Holdings LLC and the Ryan M. Boland Revocable Trust (F3, F4), and includes 1,018 shares received via a pro rata distribution exempt under Section 16a-9 (F5).
- Shares owned after transaction: Not specified in the provided excerpt.
Context
- RSU grants are compensation awards, not open-market purchases or sales; they become shares only if and when they vest. Such awards are routine executive/director compensation and do not by themselves indicate immediate buying or selling pressure.