Esposito James Anthony 4

What Happened
James Anthony Esposito, a director of Gemini Space Station, Inc. (GEMI), was granted 42,462 restricted stock units (RSUs) on June 16, 2026. The award is reported at a per-share acquisition price of $0.00 (total $0) — this reflects an RSU grant (no cash payment). RSUs convert into Class A common shares upon vesting; this is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-16; 42,462 RSUs granted at $0.00 per unit (total $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs granted under the Issuer's Non‑Employee Director Compensation Policy. Each RSU represents a contingent right to one Class A share upon vesting. Vesting occurs on the earlier of (i) the first anniversary of the grant and (ii) the day before the Issuer's next annual meeting, subject to continued service.
• Filing timeliness: Report filed 2026-06-18 for a 2026-06-16 grant — appears to be filed within the typical two-business-day Form 4 window.

Context
RSU grants are a common form of director compensation and only convert to actual shares (and potential economic value) if and when they vest. This award does not indicate an immediate purchase or sale of stock; it is a deferred-compensation grant tied to continued service.