---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-109218"
form_type: "8-K"
ticker: "XTIA"
cik: "0001529113"
company_name: "XTI Aerospace, Inc."
filed_at: "2026-10-14T11:00:41+00:00"
generated_at: "2026-10-14T11:05:08.495333+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# XTI Aerospace names Unusual Machines CEO Dr. Allan Evans as board Chairman, effective Oct 14, 2026

## Summary
- Dr. Allan Evans appointed Class I director and Chairman of XTI Aerospace board effective Oct 14, 2026; Jonathan Ornstein moves to Vice Chairman.
- Evans, 43, has been CEO and a director of Unusual Machines (UMAC) since Dec 2023; previously COO of Red Cat (RCAT) and CEO of Fat Shark.
- Compensation: $50,000 annual cash retainer paid quarterly plus an annual stock option grant equal to the retainer's value; director services agreement pending.
- Unusual Machines bought $25M of XTIA Series 10 preferred in Nov 2025; it converted Jan 5, 2026 into 1,721,980 common shares plus a 15,307,735-share pre-funded warrant.
- UMAC, led by Evans, has paid XTI subsidiary Drone Nerds ~$1.1M for drone parts since Nov 10, 2025, and beneficially owns ~4.99% of XTIA.

## SEC filing metadata
- accession: 0001213900-26-109218
- form_type: 8-K
- ticker: XTIA
- cik: 0001529113
- company_name: XTI Aerospace, Inc.
- filed_at: 2026-10-14T11:00:41+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529113/000121390026109218/0001213900-26-109218-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529113/000121390026109218/ea0308551-8k_xti.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-109218
- JSON: https://secwatch.observer/filing/0001213900-26-109218.json
- Plain text: https://secwatch.observer/filing/0001213900-26-109218.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.