HAIL JEFFREY 4

What Happened Jeffrey Hail, Chief Operating Officer of Dynamic Aerospace Systems Corp (BRQL), was granted 1,500,000 restricted stock units (RSUs) on December 12, 2025. The RSUs were reported as acquired at $0.00 per unit (total reported value $0) on Form 4 filed April 22, 2026. This transaction is an equity award (grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2025-12-12; Filing date (Form 4): 2026-04-22 (late filing).
• Grant: 1,500,000 RSUs @ $0.00 (reported acquisition value $0).
• Vesting schedule (Footnote F1): 10% on 12/12/2026; 30% on 12/12/2027; 60% on 12/12/2028.
• Settlement (Footnote F2): RSUs will be settled in shares of common stock six months after each vesting date; none had vested as of the Form 4 date.
• Shares owned after transaction: not disclosed in the provided filing extract.
• Transaction code: A = Award/Grant. Filing timeliness: late (reported months after the grant).

Context RSUs are contingent rights to receive shares upon vesting and are not immediate purchases or sales — they don’t directly signal a buy/sell decision. The six‑month settlement delay after each vesting date means Hail will not receive shares immediately when the RSUs vest. The late filing reduces the timeliness of this disclosure for investors.