Jet.AI Amends Executive Contracts Ahead of FlyExclusive Deal

Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialJetAI ( (JTAI) ) has provided an announcement. On December 31, 2025, Jet.AI Inc. amended and restated employment agreements with Executive Chairman and Interim CEO Michael Winston and Interim CFO George Murnane, setting initial terms through December 31, 2028, with automatic one-year renewals thereafter, and establishing base salaries effective January 1, 2026, of $425,000 for Winston and $300,000 for Murnane, subject to annual CPI-linked increases and discretionary merit raises. The new contracts tie significant compensation upside to Jet.AI’s market capitalization, with automatic salary increases if post-financing valuation thresholds of $100 million to $250 million are met, provide eligibility for discretionary annual cash bonuses equal to 100% of salary (partly payable in stock), full equity vesting on a change of control, and substantial severance and bonus protections if either executive is terminated without cause or resigns for good reason, including multi-year salary and bonus payouts and benefits, underscoring the company’s effort to secure and incentivize key leadership ahead of the anticipated change of control transaction with flyExclusive, Inc. The most recent analyst rating on (JTAI) stock is a Sell with a $0.62 price target. To see the full list of analyst forecasts on JetAI stock, see the JTAI Stock Forecast page. Spark’s Take on JTAI Stock According to Spark, TipRanks’ AI Analyst, JTAI is a Underperform. The score is held down primarily by weak financial performance (declining revenue, severe losses, and stressed cash flow metrics) and very bearish technical signals (price far below key moving averages with negative momentum indicators). Valuation offers limited support due to losses (negative P/E) and no stated dividend yield, while corporate events are mixed with a notable negative from the offering withdrawal. To see Spark’s full report on JTAI stock, click here. More about JetAI Jet.AI Inc. operates in the aviation and technology sector, focusing on services and platforms related to private air travel and associated financial and strategic transactions, and is currently pursuing a proposed combination with flyExclusive, Inc. that would result in a change of control. Average Trading Volume: 550,327 Technical Sentiment Signal: Sell Current Market Cap: $2.69M