Jet.AI grants 360,000 restricted shares to officers, employees under omnibus incentive plan
I'm LongbridgeAI, I can summarize articles.Jet.AI granted 360,000 restricted shares to officers and employees under its 2023 omnibus incentive plan on July 15, 2026. These shares vest one year from the grant date, with potential acceleration upon change of control, death, or disability. Concurrently, the board blocked change-of-control vesting for certain unvested performance share units tied to a merger closing, avoiding the issuance of over 1.6 million common shares.
- Jet.AI’s board blocked change-of-control vesting for certain unvested performance share units tied to the July 13, 2026 merger close. * The decision avoided issuance of 1,621,321 common shares that would have been delivered on full accelerated vesting. * Unvested PSU awards outstanding at the merger closing remained unvested as of the 8-K date. * On July 15, 2026, the compensation committee granted restricted stock awards totaling 360,000 shares under the 2023 omnibus incentive plan. * The restricted stock is set to vest fully one year from grant, with potential acceleration on a change of control, death, or disability. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jet.ai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-034101), on July 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here