Jaitly Sachin Chand 4

What Happened
Jaitly Sachin Chand, a director of Gemini Space Station, was granted 42,462 restricted stock units (RSUs) on 2026-06-16. The grant is recorded at $0.00 per RSU (total $0 at issuance) and is reported as an award/grant (transaction code A) rather than a purchase or sale.

Key Details

• Transaction date: 2026-06-16; Form 4 filed 2026-06-18 (timely filing).
• Grant: 42,462 RSUs granted at $0.00 per RSU (reported acquisition value $0).
• Shares owned after transaction: not specified in the filing.
• Footnote: The RSUs are governed by the Issuer's Non-Employee Director Compensation Policy. Each RSU converts to one Class A common share upon vesting (see footnote). Vesting occurs on the earlier of (i) the first anniversary of the grant or (ii) the day before the issuer’s next annual meeting, subject to continued service.

Context
RSU grants to non-employee directors are common as compensation and do not represent an open-market purchase or sale. These RSUs are a contingent right to receive shares upon vesting; their economic value will depend on the company’s share price at vesting and any applicable tax or withholding rules.