Stojanovic Danijela 4
4 · Gemini Space Station, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Gemini Space Station (GEMI) Interim CFO Danijela Stojanovic Sells Shares
What Happened
Interim CFO Danijela Stojanovic sold 11,700 shares of Gemini Space Station Class A common stock on 2026-05-20 in transactions that generated approximately $59,085. The reported weighted-average sale price was $5.05 per share; individual trades ranged from $5.00 to $5.16. The filing indicates the sale was effected to cover tax withholding on the vesting/settlement of restricted stock units and was not a discretionary trade by the reporting person.
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (timely filing).
- Transaction type/code: Sale (S); total shares sold: 11,700; weighted-average price: $5.05; total proceeds ≈ $59,085.
- Price range: $5.00–$5.16 across multiple trades (Reporting Person can provide per-trade breakdown on request).
- Reason/footnote: Sold solely to cover tax withholding obligations related to RSU vesting (sell-to-cover); not a discretionary sale (Footnote F1).
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
This was a sell-to-cover tied to RSU settlement (a routine administrative sale to satisfy tax withholding) rather than an open-market discretionary disposition. For retail investors, such sales generally do not signal a change in insider conviction in the same way that voluntary open-market purchases or large discretionary sales might.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-20$5.05/sh−11,700$59,085→ 181,848 total
Footnotes (2)
- [F1]Represents shares of Class A common stock sold solely to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale was effected pursuant to the issuer's sell-to-cover procedures and does not represent a discretionary trade by the Reporting Person.
- [F2]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.16. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.