December 24, 2025 · Form 4 insider transaction
Bromley Sean David bought 500,000 shares of FJET at $0.33 per share, a transaction worth $165.0K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.
The Reporting Person exercised warrants acquired from the Company, electing to pay the exercise price pursuant to the cashless exercise provision of such warrants. As such the Issuer withheld 10,022 shares at a fair market value (5-day VWAP) of $16.4646 per share being equal to the exercise price, such that the Reporting Person was issued 489,978 shares. The 10,022 shares so withheld, having an aggregate fair market value of $165,000, were deemed "disposed of" for reporting purposes.