Norwood Tiffany Ann 4

What Happened
Tiffany Ann Norwood, a director of Sidus Space, was granted 19,288 restricted stock units (RSUs) on July 1, 2026. Of those, 2,047 RSUs vested immediately and converted into Class A common shares that same day; the remaining 17,241 RSUs vest on June 30, 2027. The reported grant and conversion show $0 cash paid — these are compensatory RSUs, not open‑market purchases or sales.

Key Details

• Transaction date: July 1, 2026. Report filed: July 10, 2026 (appears to be after the typical 2-business-day Form 4 deadline).
• Reported entries: 19,288 RSUs granted (A); 2,047 RSUs vested/converted to shares (reported as exercise/conversion M — both an “acquired” and corresponding “disposed” derivative entry). Price reported: $0.00.
• Shares after transaction: Filing does not state total Class A shares owned by Norwood after conversion. The filing reports the 2,047 vested RSUs converted to shares and 17,241 RSUs remain unvested until 6/30/2027.
• Footnotes: F1–F3 clarify these were RSUs (each equal to one share) and that 2,047 vested on grant while 17,241 vest on 6/30/2027. The “disposed” derivative entry reflects the termination/conversion of the RSU instrument on vesting, not a market sale.

Context
RSU grants to directors are a routine form of compensation and represent an award, not a direct buy or sell of stock; they become actual shares when they vest/convert. Because no cash changed hands and no open‑market sale occurred, this filing signals compensation realization rather than an insider purchase or a sale for liquidity. The later filing date may be relevant for investors tracking timely insider disclosures.