Jet.AI grants 360,000 restricted shares to officers, employees under omnibus incentive plan
JTAI•New restricted stock awards
On July 15, 2026, the compensation committee granted restricted stock awards totaling 360,000 shares under the 2023 omnibus incentive plan.
The restricted stock is set to vest fully one year from grant, with potential acceleration on a change of control, death, or disability.
Board action on merger-related performance units
Jet.AI’s board blocked change-of-control vesting for certain unvested performance share units tied to the July 13, 2026 merger close.
The decision avoided issuance of 1,621,321 common shares that would have been delivered on full accelerated vesting. Unvested PSU awards outstanding at the merger closing remained unvested as of the 8-K date.
