Firefly Aerospace Inc. (FLY) 8-K Current Report: March 3, 2026
Filed: March 3, 2026
Industrials
Guided Missiles & Space Vehicles & PartsFirefly Aerospace Inc. (FLY) 8-K current report filed with SEC EDGAR on March 3, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.
Reported 8-K Items1 item
- Item 5.02: Departure/Election of Directors or Officers
Firefly Aerospace Inc. 8-K Mar 3, 2026 Event Analysis
Item 5.02 · Departure/Election of Directors or Officers
- • CEO severance: 1x base salary + 1x target bonus outside Change-in-Control window; doubles to 2x base + 2x bonus within 24-month CIC Protection Period
- • All executives get 1-year COBRA subsidy on termination; CEO gets 2-year COBRA coverage in CIC scenario
- • Full immediate vesting of all unvested equity (time-based and performance-based) triggered by qualifying termination during CIC window or death
- • Outside CIC window: only 1-year acceleration on time-based RSUs; performance RSUs vest pro-rata on actual results at period end
- • No Section 280G tax gross-up — executives bear excise tax risk, subject to better net after-tax calculation (pay full or reduce to avoid tax)
Other Firefly Aerospace Inc. 8-K Filings
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