HOOPS ROBIN 4
4 · DYNAMIC AEROSPACE SYSTEMS Corp · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Dynamic Aerospace Systems (BRQL) CFO Robin Hoops Receives RSU Award
What Happened
Robin Hoops, Chief Financial Officer of Dynamic Aerospace Systems (BRQL), was granted 500,000 restricted stock units (RSUs) on April 9, 2026. The grant was reported on a Form 4 filed April 13, 2026. The reported acquisition price is $0.00 (these are RSUs, not an open‑market purchase or sale), so no cash changed hands in the transaction.
Key Details
- Transaction date: 2026-04-09 (reported on Form 4 filed 2026-04-13). Filing appears timely under the two-business-day Form 4 rule.
- Transaction type/code: Award/Grant (A).
- Amount: 500,000 RSUs; reported price per share: $0.00; total reported cash value: $0.
- Vesting schedule (Footnote F1): 10% vest on 2027-04-09; 30% on 2028-04-09; remaining 60% on 2029-04-09.
- Settlement (Footnote F2): RSUs are contingent rights to receive one share each; none had vested as of the Form 4 date. When vested, RSUs will be settled in shares six months after each vesting date.
- Shares owned after transaction: not specified in the filing.
Context
RSU grants are a common form of executive compensation and do not represent an immediate purchase of shares. Because these RSUs vest over multiple years and are settled in stock only after vesting (with an additional six‑month settlement delay), they do not reflect an immediate change in market exposure by the insider.
Insider Transaction Report
- Award
COMMON STOCK
[F1][F2]2026-04-09+500,000→ 500,000 total
Footnotes (2)
- [F1]THE REPORTING PERSON RECEIVED 500,000 RESTRICTED STOCK UNITS ("RSUs")ON APRIL 9, 2026. THE RSUs VEST 10% ON APRIL 9, 2027; 30% ON APRIL 9, 2028; AND THE REMAINING 60% ON APRIL 9, 2029. EACH RSU REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF THE ISSUER'S COMMON STOCK.
- [F2]THE SECURITIES REPORTED CONSIST OF RSUs, NONE OF WHICH HAD VESTED AS OF THE DATE OF THIS FORM 4. WHEN VESTED, THE RSUs WILL BE SETTLE IN SHARES OF THE ISSUER'S COMMON STOCK SIC (6) MONTHS AFTER THE VESTING DATE.