Coffey Lavanson 4

What Happened

• Coffey Lavanson, a director of Sidus Space, was granted 24,365 restricted stock units (RSUs) on July 1, 2026. Of those, 7,124 RSUs vested immediately and were converted into Class A common shares on the same date. The filing reports both the conversion/acquisition of 7,124 shares and a corresponding disposition entry for 7,124 shares, all at $0.00. The remaining 17,241 RSUs vest on June 30, 2027.
• This was an awards/vesting transaction (not a market purchase or sale). No cash changed hands for the recorded conversions (exercise/conversion price $0.00).

Key Details

• Transaction date: July 1, 2026; Filing date: July 6, 2026 (filed after the typical 2-business-day Form 4 window).
• Reported entries: 24,365 RSUs granted (A); 7,124 RSUs vested and converted to 7,124 shares (M, acquired); 7,124 shares also reported as disposed (M, $0.00).
• Price/value: all reported at $0.00 (RSUs convert to shares; no exercise price reported).
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: F1/F3 explain the grant structure — 7,124 RSUs vested on grant and converted to shares July 1, 2026; 17,241 vest June 30, 2027. F2 confirms each RSU equals one share of Class A common stock.

Context

• RSUs are equity awards that convert into shares when they vest; this filing records the grant and the immediate conversion of vested RSUs into shares. The simultaneous acquisition and disposal entries at $0 are reporting details tied to the RSU conversion (see footnotes) rather than an open-market sale for cash.
• Because this is an award/vesting event (not a purchase), it doesn't necessarily indicate a buy or sell signal by the insider. The filing was submitted after the usual two-business-day window for Form 4s.