Volato enters CEO services agreement with Chris Ensey at $400K/yr + 5% equity grant

Volato Group, Inc.

Ensey, former Aligned CEO, continues as CEO as independent contractor effective Sept 11, 2026.
Annual services fee $400,000, payable monthly, subject to annual Board review.
Restricted stock award equal to 5% of fully diluted shares, vesting in five 1% tranches tied to market cap milestones ($2.5B-$17B) and contracted capacity (~63MW-400MW).
Termination without cause or for good reason triggers 24 months' fee and potential proportional vesting of restricted shares.
Agreement effective conditioned on merger completion; he is not eligible for employee benefits.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Christopher M. Ensey

Chief Executive Officer

SOAR · Volato Group, Inc.

Effective: 2026-09-11
Filed: September 18, 2026, 8:02 PM ET

On September 16, 2026, Volato Group, Inc. (the “Company”) entered into an Executive Services Agreement (the “Services Agreement”) with Christopher M. Ensey, the Company’s Chief Executive Officer and a member of the Company’s Board of Directors (the “Board”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher M. Ensey was appointed as Chief Executive Officer at Volato Group, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On September 16, 2026, Volato Group, Inc. (the “Company”) entered into an Executive Services Agreement (the “Services Agreement”) with Christopher M. Ensey, the Company’s Chief Executive Officer and a member of the Company’s Board of Directors (the “Board”).

View on SEC.gov

Volato Group, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-043439

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.