Stojanovic Danijela 4
4 · Gemini Space Station, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Gemini Space Station CFO Stojanovic Receives RSUs, Sells Shares
What Happened
Danijela Stojanovic, Interim Chief Financial Officer of Gemini Space Station, received a grant of 22,453 restricted stock units (RSUs) on 2026-07-01 that vested immediately (acquisition at $0.00). Following the vesting/settlement, 8,438 shares were sold on 2026-07-02 via the issuer's sell-to-cover procedure to satisfy tax withholding, generating proceeds of $37,465 (weighted average price $4.44).
Key Details
- Transaction types: Award/Grant (A) of 22,453 RSUs on 2026-07-01; Sale (S) of 8,438 shares on 2026-07-02.
- Prices/values: RSUs granted at $0.00; sale proceeds reported as $37,465 at a weighted average price of $4.44 (individual sale prices ranged $4.13–$4.87).
- Shares owned after the transactions: Not disclosed in this Form 4.
- Footnotes: F1 = RSUs represent contingent rights to one share each and vested immediately. F2 = Sale was solely to cover tax withholding (sell-to-cover), not a discretionary trade. F3 = Weighted average price; detailed per-lot sale prices available on request.
- Filing timeliness: Report filed 2026-07-06 for a reporting period of 2026-07-01; the filing does not indicate a tardy/late filing flag.
Context
This is a routine equity compensation event: RSUs vested and a portion of the resulting shares were sold automatically to cover tax withholding. Such sell-to-cover transactions are common and are not usually interpreted as a deliberate market view by the insider. The net economic impact to the insider beyond retained shares is modest (sale proceeds ~$37.5k).
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-07-01+22,453→ 204,301 total - Sale
Class A Common Stock
[F2][F3]2026-07-02$4.44/sh−8,438$37,465→ 195,863 total
Footnotes (3)
- [F1]Represents a grant of 22,453 restricted stock units ("RSUs"), which immediately vest in full. Each RSU represents a contingent right to receive one share of Class A common stock.
- [F2]Represents shares of Class A common stock sold solely to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was effected pursuant to the issuer's sell-to-cover procedures and does not represent a discretionary trade by the Reporting Person.
- [F3]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $4.13 to $4.87. 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.