---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-002466"
form_type: "8-K"
ticker: "AISP"
cik: "0001842566"
company_name: "Airship AI Holdings, Inc."
filed_at: "2025-03-07T23:59:59+00:00"
generated_at: "2026-05-25T03:56:45.648890+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Airship AI formalizes President Paul Allen's employment agreement; grants 400K stock options

## Summary
- Employment agreement provides base salary of $350,000 per year for three-year term with automatic renewal.
- Upon termination without cause or for good reason, Mr. Allen receives three months' severance.
- Granted 100,000 immediate-vesting options at $3.27/exercise price under 2023 Equity Incentive Plan.
- Granted 300,000 options vesting quarterly over four years at $3.27/exercise price.
- Mr. Allen has served as President since December 2023 and previously as President of subsidiary Airship AI.

## SEC filing metadata
- accession: 0001654954-25-002466
- form_type: 8-K
- ticker: AISP
- cik: 0001842566
- company_name: Airship AI Holdings, Inc.
- filed_at: 2025-03-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1842566/000165495425002466/0001654954-25-002466-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842566/000165495425002466/airsp_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-002466
- JSON: https://secwatch.observer/filing/0001654954-25-002466.json
- Plain text: https://secwatch.observer/filing/0001654954-25-002466.txt

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