Sidus Space Inc.·4

Jul 6, 6:15 AM ET

SHUMAN JEFFREY S 4

Research Summary

AI-generated summary

Updated

Sidus Space (SIDU) Director Jeffrey S. Shuman Receives RSUs

What Happened

  • Jeffrey S. Shuman, a director of Sidus Space, was granted 47,655 restricted stock units (RSUs) on July 1, 2026. Of those, 16,621 RSUs vested immediately and converted into 16,621 shares of Class A common stock on the same date. No cash was paid or received in connection with the grant or conversion (reported price = $0).

Key Details

  • Transaction date: July 1, 2026. Report filed July 6, 2026.
  • Reported prices/values: $0 (RSUs convert to shares without purchase price; award value not stated in filing).
  • Shares: 16,621 RSUs vested and converted on grant date; 31,034 RSUs remain scheduled to vest on June 30, 2027.
  • Footnotes: Each RSU represents the economic equivalent of one share. The vested RSUs converted to Class A common stock and are reported in Table II of the Form 4.
  • Post-transaction total shares owned: not specified in the provided filing excerpt.
  • Filing timeliness: Form filed five days after the transaction date; this appears to fall outside the standard two-business-day Form 4 window (possible administrative delay).

Context

  • These entries reflect a compensation award and vesting event (A = award/grant; M = conversion/exercise of a derivative), not an open-market purchase or sale. RSU grants/vests are routine compensation for insiders and do not necessarily indicate buying or selling sentiment. The conversion was not a cash exercise or immediate market sale; it converted RSUs into common shares.