GEMI Interim CFO Danijela Stojanovic Sells 7,940 Shares

What Happened
Danijela Stojanovic, Interim Chief Financial Officer of Gemini Space Station, sold 7,940 shares of Class A common stock on August 20, 2026, generating approximately $32,157. The reported weighted-average price was $4.05 per share (range $3.93–$4.25). This was a sale to cover tax withholding associated with vested restricted stock units (RSUs), not a discretionary market-timing sale.

Key Details

• Transaction date: 2026-08-20; Form 4 filed: 2026-08-24 (filed four days after the trade). Note: Form 4s are generally due within two business days, so the filing timing may be later than typical.
• Shares sold: 7,940; weighted-average price: $4.05; total proceeds: ~$32,157.
• Reported sale type: Open-market sell-to-cover to satisfy tax withholding on RSU vesting.
• Footnote F1: Sale effected under the issuer’s Automatic Sell-to-Cover Policy to cover tax withholding; intended to satisfy Rule 10b5-1(c) affirmative defense and not a discretionary trade.
• Footnote F2: The $4.05 price is a weighted average; individual sale prices ranged from $3.93 to $4.25. The reporting person can provide a per-price breakdown on request.
• Shares owned after the transaction: not disclosed in the filing.

Context
Sell-to-cover transactions are common when RSUs vest and typically reflect tax-related liquidity needs rather than an expression of confidence or concern about the stock. This filing does not allege insider discretionary selling beyond the automatic tax-withholding procedure.