Starfighters founder holds 23.9% stake after sales

Starfighters Space, Inc. (FJET) is the subject of a Schedule 13D filed by founder and former CEO Richard William Svetkoff.

Rhea-AI Filing Summary

Starfighters Space, Inc. (FJET) is the subject of a Schedule 13D filed by founder and former CEO Richard William Svetkoff. He reports beneficial ownership of 13,119,179 common shares, representing 23.87% of the 54,996,019 issued and outstanding common shares as of August 24, 2026.

The position stems from a September 9, 2022 Equity Exchange Agreement, under which he exchanged 100% of his equity in Starfighters International, Inc. for 15,000,000 FJET shares, later transferring 830,000 of those shares to his son before SEC reporting status. Since May 2026, he has conducted a series of open-market sales through a broker at prices ranging from about $3.96 to $10.49 per share, as detailed in Schedule A. He reports sole voting and dispositive power over his remaining shares and discloses no additional agreements or arrangements regarding the securities.

Key Figures

Beneficial ownership: 13,119,179 common shares Ownership percentage: 23.87% Total issued and outstanding common shares: 54,996,019 shares +5 more

8 metrics

Beneficial ownership 13,119,179 common shares Shares beneficially owned by Richard William Svetkoff

Ownership percentage 23.87% Portion of total issued and outstanding common shares as of August 24, 2026

Total issued and outstanding common shares 54,996,019 shares Common shares outstanding as of August 24, 2026

Shares received under Equity Exchange Agreement 15,000,000 shares Shares issued to Svetkoff on September 9, 2022 in exchange for equity in Starfighters International, Inc.

Shares transferred to son 830,000 shares Portion of original 15,000,000-share issuance transferred to Richard Bruce Svetkoff

Highest reported sale price $10.4877 per share Open-market sale on 6/4/26

Lowest reported sale price $3.9559 per share Open-market sale on 8/4/26

Shares with sole voting and dispositive power 13,119,179 shares Sole voting power and sole dispositive power reported

Key Terms

Schedule 13D, beneficially owned, Equity Exchange Agreement, sole voting power, +2 more

6 terms

Schedule 13D regulatory

"If the filing person has previously filed a statement on Schedule 13G..."

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

beneficially owned regulatory

"Number of Shares Beneficially Owned by Each Reporting Person With..."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Equity Exchange Agreement financial

"The Shares were originally acquired by the Reporting Person pursuant to an Equity Exchange Agreement..."

sole voting power regulatory

"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power 13,119,179.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power regulatory

"9 | Sole Dispositive Power 13,119,179.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

business combination financial

"Item 4. | Purpose of Transaction | Business combination and acquisition."

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FJET shares does Richard William Svetkoff currently beneficially own?

Richard William Svetkoff reports beneficial ownership of 13,119,179 FJET common shares. This figure is disclosed as his sole voting and sole dispositive holdings in Starfighters Space, Inc. under the Schedule 13D filing.

What percentage of Starfighters Space, Inc. (FJET) does Richard William Svetkoff own?

He holds 23.87% of FJET’s outstanding common stock. This percentage is based on 54,996,019 total issued and outstanding common shares as of August 24, 2026, as reported by the company.

How did Richard William Svetkoff acquire his FJET stake?

His stake was acquired via a September 9, 2022 Equity Exchange Agreement. He transferred 100% of his equity interest in Starfighters International, Inc. to Starfighters Space, Inc. in exchange for 15,000,000 FJET shares.

Has Richard William Svetkoff sold any FJET shares recently?

Yes, he has sold multiple blocks of FJET shares in open-market transactions since May 8, 2026. These broker-executed sales occurred at prices generally between about $3.96 and $10.49 per share, as listed in Schedule A.

What roles has Richard William Svetkoff held at Starfighters Space, Inc. (FJET)?

He is identified as the founder and former Chief Executive Officer of Starfighters Space, Inc. This background is disclosed in the identity and background section of the Schedule 13D.

Does Richard William Svetkoff have any special agreements regarding his FJET shares?

No additional contracts, arrangements, understandings or relationships regarding FJET securities are reported. The filing explicitly states that there are none under the relevant item covering such agreements.

How many FJET shares did Richard William Svetkoff transfer to his son?

He transferred 830,000 of the original 15,000,000 FJET shares to his son. This transfer occurred after the Equity Exchange Agreement and before Starfighters Space, Inc. became an SEC reporting company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/31/2026 - 01:45 PM EDT Accepted by SEC EDGAR 08/31/2026 - 01:45 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Starfighters Space, Inc.

(Name of Issuer)

COMMON STOCK, PAR VALUE $0.00001

(Title of Class of Securities)

85529M104

(CUSIP Number)

Richard William Svetkoff
1608 North Jasmine Ave,
Tarpon Springs, FL, 34689
(727) 452-8817

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

12/12/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 85529M104

1

Name of reporting person

Richard William Svetkoff

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 13,119,179.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 13,119,179.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

13,119,179.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

23.85 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The Shares were originally acquired by the Reporting Person pursuant to an Equity Exchange Agreement dated September 9, 2022, between Starfighters Space, Inc. and the Shareholder (the "Agreement"), whereby the Shareholder transferred 100% of his equity interest in Starfighters International, Inc. to Starfighters Space, Inc. in exchange for 15,000,000 shares of Starfighters Space, Inc. Subsequently to the closing of the Equity Exchange Agreement, the Shareholder transferred 830,000 of the 15,000,000 shares to his son, Richard Bruce Svetkoff, prior to the Issuer becoming an SEC reporting company. "Schedule A" The following table lists all transactions completed by the Reporting Person in the Common Stock since May 8, 2026, which were sold through the Reporting Person's broker in open market transactions 5/8/26 Sold 75,000 $5.7232 per share; 5/11/26 Sold 100,000 $5.4626 per share; 5/15/26 Sold 75,000 $5.5259 per share; 5/20/26 Sold 13,773 $5.2146 per share; 5/21/26 Sold 9,992 $5.1549 per share; 5/21/26 Sold 50,000 $5.1556 per share; 5/22/26 Sold 75,000 $5.7798 per share; 5/22/26 Sold 100,000 $7.0160 per share; 5/22/26 Sold 100,000 $5.6169 per share; 5/22/26 Sold 52,000 $6.1077 per share; 5/22/26 Sold 2,100 $7.50 per share; 5/26/26 Sold 50,000 $7.50 per share; 6/1/26 Sold 75,000 $8.26 per share; 6/1/26 Sold 75,000 $8.0139 per share; 6/1/26 Sold 47,956 $8.5455 per share; 6/1/26 Sold 25,000 $9.3913 per share; 6/4/26 Sold 75,000 $10.0016 per share; 6/4/26 Sold 19,908 $10.4877 per share, 8/4/26 Sold 30,092 $3.9559 per share.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: COMMON STOCK, PAR VALUE $0.00001
(b)	Name of Issuer: Starfighters Space, Inc.
(c)	Address of Issuer's Principal Executive Offices: 505 Odyssey Way, Suite 203, Kennedy Space Center, FLORIDA , 32952.
Item 2.	Identity and Background
(a)	Richard William Svetkoff
(b)	1608 North Jasmine Ave, Tarpon Springs, Florida 34689
(c)	Founder of the Issuer and former Chief Executive Officer of the Issuer.
(d)	None.
(e)	None.
(f)	Florida, United States of America
Item 3.	Source and Amount of Funds or Other Consideration
	Equity Exchange Agreement dated September 9, 2022, between Starfighters Space, Inc. and the Reporting Person.
Item 4.	Purpose of Transaction
	Business combination and acquisition.
Item 5.	Interest in Securities of the Issuer
(a)	The Reporting Person holds 13,119,179 common shares, which is equal to 23.87% of the total issued and outstanding common shares, based on 54,996,019 total issued and outstanding common shares as of August 24, 2026, as reported by the Issuer.
(b)	13,119,179
(c)	The transactions in the class of securities are reported on and attached hereto as "Schedule A."
(d)	Richard William Svetkoff
(e)	N/A
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	None.
Item 7.	Material to be Filed as Exhibits.
	https://www.sec.gov/Archives/edgar/data/1947016/000106299324015265/exhibit6-9.htm

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Richard William Svetkoff

Signature:	/s/ Richard William Svetkoff
Name/Title:	Richard William Svetkoff
Date:	08/31/2026