HOOPS ROBIN 4

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.