ERDBERG DANIYEL 4
Research Summary
AI-generated summary
Safe Pro (SPAI) CEO Daniyel Erdberg Gifts 9,000 Shares
What Happened
Daniyel Erdberg, CEO of Safe Pro Group Inc. (SPAI), reported two transactions on March 6, 2026: (1) 47,942 shares were withheld to cover taxes upon vesting of restricted stock units (tax-withholding; code F) and (2) he gifted 9,000 shares (code G) with $0 proceeds reported for the gift.
Key Details
- Transaction date: 2026-03-06 (reported same day).
- Tax withholding: 47,942 shares withheld to satisfy tax liabilities upon RSU vesting (footnote F1). No per-share price or cash amount was reported for the withheld shares (N/A).
- Gift: 9,000 shares disposed as a gift; reported value $0 (per filing).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Additional holdings (not included in the above totals): 470,000 shares held by DL2 Capital LLC and 195,000 shares held by Erdberg Foundation Inc., both of which Mr. Erdberg beneficially owns (footnote F2).
- Filing timeliness: reported on 2026-03-06 for transactions on 2026-03-06 (no late filing indicated).
Context
The 47,942-share withholding is a routine tax-related disposition tied to RSU vesting (effectively a cashless way to satisfy tax withholding). The 9,000-share gift is a non-market disposition and does not necessarily reflect the insider’s view of the company’s stock. These actions are administrative/compensation-related rather than open-market buys or sales.