secwatch.observer — SEC 8-K summary
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Issuer:     Starfighters Space, Inc. (FJET)
CIK:        0001947016
Form:       8-K
Filed at:   2026-10-02T20:30:25+00:00
Accession:  0001062993-26-005167
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Starfighters Space raises CEO Franta's salary to $350K from $108K, CFO Whitney to $300K
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- CEO Tim Franta's annual base salary rises from $108,000 to $350,000, effective September 28, 2026, with a maximum annual bonus of 50% of base.
- CFO David Whitney's annual base salary rises from $180,000 to $300,000, with a maximum annual bonus of 30% of base.
- Bonus amounts above $75,000 are paid 65% cash and 35% in RSUs vesting in equal installments over three years from grant date.
- Board and compensation committee also approved back pay: Franta for March 1, 2026 through the Effective Date; Whitney for June 24, 2026 through the Effective Date.
- Payments reflect the difference between amounts actually paid and amounts that would have been paid at the new salary levels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1947016/000106299326005167/0001062993-26-005167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1947016/000106299326005167/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-26-005167

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