Sidus Space Inc.·4

Jul 6, 6:15 AM ET

Wendling Kelle B. 4

Research Summary

AI-generated summary

Updated

Sidus Space (SIDU) Director Kelle B. Wendling Receives RSU Award

What Happened

  • Kelle B. Wendling, a director of Sidus Space, was granted 17,241 restricted stock units (RSUs) on July 1, 2026. The Form 4 reports the units at $0.00 per unit (award/derivative instrument); no cash purchase or sale occurred. Per the filing, all 17,241 RSUs vest on June 30, 2027 and each RSU is the economic equivalent of one share of Sidus Space Class A common stock.

Key Details

  • Transaction date: July 1, 2026; Form filed: July 6, 2026.
  • Transaction type/code: Award/Grant (A) — 17,241 RSUs @ $0.00 reported.
  • Vesting: All units vest on June 30, 2027 (footnote F1).
  • Economic terms: Each RSU equals one share of Sidus Space Class A Common Stock (footnote F2).
  • Shares owned after transaction: Not specified in the filing.
  • Timeliness: Filing date is shown as July 6, 2026; the Form 4 does not explicitly state a late-filing flag in the provided summary.

Context

  • RSUs are a form of equity compensation (a derivative award) that entitles the holder to receive shares in the future if vesting conditions are met; no shares were issued and no shares were sold at grant. Such awards are typically compensation-related and do not by themselves indicate immediate insider buying or selling activity.