SIDU Form 4: Director Dana Kilborne vests 735 RSUs into 735 shares
Rhea-AI Filing Summary
Sidus Space insider Dana S. Kilborne, a director, reported receipt of 735 shares of Class A Common Stock on 10/01/2025 following the vesting and conversion of restricted stock units (RSUs). The Form 4 shows 735 shares acquired at a reported price of $0, increasing the reporting persons beneficial ownership to 8,690 shares of Class A Common Stock. The filing explains that on 8/01/2025 the reporting person was granted 10,896 RSUs, of which 7,955 vested immediately, 735 vested on 10/01/2025, and additional tranches of 735 are scheduled to vest on 1/01/2026, 4/01/2026, and 7/01/2026.
Positive
- 735 RSUs vested and converted to Class A shares on 10/01/2025, reflecting scheduled compensation
- Original grant of 10,896 RSUs on 8/01/2025 includes multiple future vesting tranches through 7/01/2026
Negative
- None.
Insights
Director RSUs vested and converted into 735 Class A shares on 10/01/2025.
The Form 4 documents routine equity compensation mechanics: 10,896 RSUs were granted on 8/01/2025, with 7,955 vesting at grant and subsequent scheduled vesting tranches including the 735 that vested and converted on 10/01/2025.
This filing reports the post-transaction beneficial ownership as 8,690 Class A shares and shows the shares were converted at a reported price of $0, consistent with standard RSU-to-share conversions rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 735 | $0.00 | -- |
| Exercise | Class A Common Stock | 735 | $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 10,896 RSUs, of which 7,955 vested upon the date of grant and 735 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 10,896 RSUs, of which 7,955 vested upon the date of grant, 735 vested on October 1, 2025 and 735 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 transaction did Dana S. Kilborne report on Form 4 for SIDU?
How many RSUs were granted to the reporting person and when?
What is the reporting persons beneficial ownership after the transaction?
Are there additional vesting dates disclosed for remaining RSUs?