Sidus Space director John Cole vests 490 RSUs, total derivatives 1,471
Rhea-AI Filing Summary
John Cole, a director of Sidus Space, Inc. (SIDU), reported the vesting and conversion of restricted stock units into Class A Common Stock. On October 1, 2025 490 RSUs vested and were converted to 490 shares at $0 consideration, increasing his direct Class A holdings to 7,465 shares. The filing notes an earlier grant on August 1, 2025 of 8,936 RSUs, of which 6,975 vested immediately and converted; remaining scheduled vesting includes 490 RSUs on each of January 1, 2026, April 1, 2026, and July 1, 2026.
The Form 4 shows no cash purchase price for the converted units and reports a total of 1,471 derivative securities beneficially owned after the transactions. This filing documents routine compensation-related equity vesting by an insider rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 490 | $0.00 | -- |
| Exercise | Class A Common Stock | 490 | $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 8,936 RSUs, of which 6,975 vested upon the date of grant and 490 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 8,936 RSUs, of which 6,975 vested upon the date of grant, 490 vested on October 1, 2025 and 490 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.