secwatch.observer — SEC 8-K summary
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Issuer:     XTI Aerospace, Inc. (XTIA)
CIK:        0001529113
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0001213900-25-099646
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XTI Aerospace extends option exercise period for CEO Pomeroy (2.6M options) and division head Das to full term
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- Board extended post-termination exercise period from 3 months to option expiration date for CEO Scott Pomeroy and RTLS CEO Soumya Das.
- Pomeroy holds 2,621,100 non-qualified options at $2.00 strike (Sept 2025 grant, expire 2035) plus 11,251 options at $118.25.
- Das holds 78,000 non-qualified options at $2.00 strike (Sept 2025 grant, expire 2035) plus 3,901 options at $118.25.
- Same extension applies to independent directors' options; subject to written agreement and not for death/disability/cause.
- Vesting for Sept 2025 grants: one-third immediate; remainder over 2 years quarterly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529113/000121390025099646/0001213900-25-099646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529113/000121390025099646/ea0261490-8k_xtiaero.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-099646

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