Filipakis Maria 4

What Happened

Maria Filipakis, a director of Gemini Space Station, Inc. (GEMI), received a grant of 42,462 restricted stock units (RSUs) on 2026-06-16. The RSUs were awarded at $0.00 per unit (total immediate cash value $0) and represent a contingent right to one share of Class A common stock per RSU upon vesting. This is a compensation award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (appears timely).
• Transaction type/code: Grant/Award (A) — 42,462 RSUs @ $0.00; immediate cash value reported $0.
• Shares owned after transaction: Not specified in the reported details.
• Footnote: RSUs vest on the earlier of (i) the first anniversary of the grant date or (ii) the day before the issuer's next annual meeting of stockholders, subject to continued service by the reporting person.
• No 10b5-1 plan, tax-withholding, or sale details were reported in this filing.

Context

RSUs are a form of equity compensation that convert into actual shares only when they vest; until then they are contingent rights and do not represent tradable shares. Because this is a director compensation grant, it reflects routine equity-based pay rather than an open-market purchase or sale. The filing was submitted two days after the grant date, consistent with usual Form 4 timing requirements.