Riera Leonardo 4

What Happened

• Leonardo Riera, a director of Sidus Space, was granted 21,990 restricted stock units (RSUs) on July 1, 2026. Of those, 4,749 RSUs vested immediately and converted into 4,749 shares of Sidus Space Class A common stock. No cash was paid — the RSUs are valued as one-for-one with the company’s Class A shares and the reported price is $0.00 per share (grant/derivative conversion).
• The filing shows corresponding derivative entries for both the conversion (acquisition of shares) and the cancellation/disposition of the derivative RSU instrument tied to that conversion. Remaining 17,241 RSUs vest on June 30, 2027.

Key Details

• Transaction date: July 1, 2026. Reported on Form 4 filed July 6, 2026.
• Reported items: 21,990 RSU award (A); 4,749 RSUs vested and converted to 4,749 shares (M). All reported at $0.00 (no purchase price/cash exchange).
• Shares owned after transaction: Not specified in the excerpt provided in this summary (see full Form 4 for post-transaction holdings).
• Footnotes: F1/F3 confirm the grant of 21,990 RSUs with 4,749 vesting and converting immediately and 17,241 vesting on June 30, 2027. F2 clarifies each RSU equals one share of Class A common stock.
• Timeliness: Form filed July 6, 2026 to report July 1 transactions; the filing itself does not flag a late-report code in the provided data.

Context

• These entries are awards and a conversion of RSUs upon vesting — not an open-market purchase or sale. Such awards are common as compensation and do not, by themselves, indicate insider buying or selling sentiment.
• For retail investors: RSU grants and conversions increase insider-held common shares when vested/converted, but they are typically part of compensation programs rather than opportunistic buying. Check the full Form 4 for total post-transaction holdings and any additional disclosures.