Jet.AI Inc. (JTAI) Form 8-K — Jul 21, 2026
Jet.AI Inc. disclosed that its board unanimously determined not to accelerate the vesting of unvested Performance Share Unit (PSU) awards following the closing of its merger with flyExclusive on July 13, 2026. This decision prevents the issuance of approximately 1,621,321 shares of common stock that would have otherwise been released upon the change of control, thereby avoiding substantial dilution for existing stockholders. Separately, the company granted restricted stock awards to its officers and certain employees on July 15, 2026.
Key figures
- Grant date
- 2026-07-15
- Psu shares avoided
- 1621321
- Merger closing date
- 2026-07-13
- Restricted stock shares granted
- 360000
Price after filing
Close on the filing date to close N calendar days later (from $2.31). Historical, not a forecast.
AI analysis
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