SIDU Form 4: Director Vesting of 1,715 RSUs Raises Holdings to 25,538
Rhea-AI Filing Summary
Jeffrey Shuman, a director of Sidus Space, Inc. (SIDU), reported the vesting and conversion of restricted stock units into Class A common shares. On October 1, 2025 1,715 RSUs vested and were converted into 1,715 shares.
Following the reported transactions, the reporting person beneficially owns 25,538 shares of Class A common stock and holds 5,148 derivative RSUs outstanding. The original grant on August 1, 2025 totaled 15,686 RSUs with a scheduled vesting of 8,823 at grant and subsequent tranches of 1,715 on specified future dates.
Positive
- 1,715 RSUs vested and converted to Class A shares on 10/01/2025
- Reporting person now beneficially owns 25,538 Class A common shares
- Original grant of 15,686 RSUs provides a clear, disclosed vesting schedule
Negative
- None.
Insights
Director vested and converted 1,715 RSUs; now holds 25,538 Class A shares.
The filing shows a routine equity vesting event: 1,715 restricted stock units vested on October 1, 2025 and converted to shares at no cash price. This increases the reporting person’s direct share count to 25,538. The underlying grant was 15,686 RSUs awarded on August 1, 2025, with additional scheduled vesting tranches.
From a governance perspective, the transaction is a non-cash compensation vesting and is disclosed under Section 16 reporting rules; it is informational for shareholders tracking insider ownership and dilution from equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,715 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,715 | $0.00 | -- |
Footnotes (1)
- Represents the conversion upon vesting of restricted stock units (RSUs) into Class A Common Stock. On August 1, 2025, the reporting person was granted 15,686 RSUs, of which 8,823 vested upon the date of grant and 1,715 vested on October 1, 2025. The vested RSUs which converted on August 1, 2025 are reported in Table II on this Form 4. Each restricted stock unit is the economic equivalent of one share of Sidus Space, Inc.'s Class A Common Stock. On August 1, 2025, the reporting person was granted 15,686 RSUs, of which 8,823 vested upon the date of grant, 1,715 vested on October 1, 2025 and 1,715 vest on each of January 1, 2026, April 1, 2026 and July 1, 2026. The Class A Common Stock into which such vested RSUs converted on August 1, 2025 is reported in Table I on this Form 4.
FAQ
What insider activity did SIDU file on this Form 4?
What was the size and schedule of the RSU grant referenced in the filing?
How many RSU-based derivative units remain after the transaction?