Jet.AI Inc. Schedule 13G reports that Hexstone Capital LLC and Brendan O'Neil together beneficially hold 180,000 shares of Common Stock, representing 9.37% of the class. The percentage is calculated using 95,411 shares acquired from the issuer on 07/02/2026 and 1,825,791 shares outstanding as of 07/02/2026.
The filing states Hexstone holds the Shares and that Mr. O'Neil, as managing member, may be deemed to beneficially own them; Mr. O'Neil does not directly own the Shares.
Positive
None.
Negative
None.
Insights
Hexstone and Brendan O'Neil report a near-10% position in Jet.AI.
The Schedule 13G shows Hexstone Capital LLC beneficially owns 180,000 shares, equal to 9.37% of the outstanding Common Stock based on 07/02/2026 figures. The filing attributes shared voting and dispositive power to Hexstone, exercised by its managing member, Brendan O'Neil.
Key dependencies include the issuer-verified 1,825,791 shares outstanding and the reported 95,411 shares acquired from the issuer on 07/02/2026. Subsequent filings may show changes in ownership or voting arrangements.
Key Figures
Filing type:Schedule 13GShares beneficially owned:180,000 sharesPercent of class:9.37%+3 more
Shares beneficially owned180,000 sharesHexstone Capital LLC beneficial ownership
Percent of class9.37%Calculated as of 07/02/2026
Shares acquired from issuer95,411 sharesAcquired on 07/02/2026 (used in percentage calculation)
Shares outstanding1,825,791 sharesOutstanding as of 07/02/2026
CUSIP47714H407Jet.AI Inc. Common Stock
Key Terms
Schedule 13G, Rule 13d-1(k), beneficial ownership
3 terms
Schedule 13Gregulatory
"The filing identifies itself as a Schedule 13G reporting beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Rule 13d-1(k)regulatory
"Reporting Persons have agreed to file this and all subsequent amendments jointly in accordance with Rule 13d-1(k)"
beneficial ownershipfinancial
"Item 4 states amount beneficially owned and percent of class calculations"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
What stake does Hexstone Capital hold in Jet.AI (JTAI)?
Hexstone Capital is reported to beneficially hold 180,000 shares, representing 9.37% of the class. The calculation uses 1,825,791 shares outstanding as of 07/02/2026 and includes 95,411 shares acquired from the issuer on 07/02/2026.
Does Brendan O'Neil personally own the shares in Jet.AI?
The filing states Mr. O'Neil does not directly own the Shares; he may be deemed to beneficially own them. Hexstone holds the 180,000 shares and Mr. O'Neil is its managing member with shared voting power.
How was the 9.37% ownership percentage calculated?
The percentage is based on 95,411 shares acquired from the issuer on 07/02/2026 and 1,825,791 shares outstanding as of 07/02/2026, as verified by the issuer. That basis is stated in Item 4 of the filing.
What voting and dispositive powers are reported?
Both Hexstone and Mr. O'Neil report 0 sole voting and dispositive power and 180,000 shared voting and dispositive power. The filing lists shared powers in Rows 5–9 on the cover pages.
What form was filed and who signed it for Jet.AI?
A Schedule 13G was filed by Hexstone Capital LLC and Brendan O'Neil. The filing is signed by Brendan O'Neil as Managing Member and dated 07/09/2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Jet.AI Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
47714H407
(CUSIP Number)
07/02/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
47714H407
1
Names of Reporting Persons
Hexstone Capital LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEVADA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
180,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
180,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
180,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.4 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: As more fully described in Item 4 of this Statement on Schedule 13G (this "Schedule 13G"), the percentage is based on (a) 95,411 shares of common stock, par value $0.0001 per share, of the issuer (the "Common Stock"), acquired from the issuer on July 2, 2026, and (b) 1,825,791 shares of Common Stock outstanding as of July 2, 2026 and before giving effect to the acquisition of shares described in clause (a), as verified by the issuer.
SCHEDULE 13G
CUSIP Number(s):
47714H407
1
Names of Reporting Persons
Brendan O'Neil
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
180,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
180,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
180,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.4 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: As more fully described in Item 4 of this Schedule 13G, the percentage is based on (a) 95,411 shares of Common Stock acquired from the issuer on July 2, 2026, and (b) 1,825,791 shares of Common Stock outstanding as of July 2, 2026 and before giving effect to the acquisition of shares described in clause (a), as verified by the issuer.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Jet.AI Inc.
(b)
Address of issuer's principal executive offices:
10845 Griffith Peak Dr., Suite 200, Las Vegas, Nevada 89135
Item 2.
(a)
Name of person filing:
(i) Hexstone Capital LLC, a Nevada limited liability company ("Hexstone"); and
(ii) Brendan O'Neil ("Mr. O'Neil").
The foregoing persons are hereinafter collectively referred to as the "Reporting Persons". Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed as Exhibit 1 to this Schedule 13G, pursuant to which such Reporting Persons have agreed to file this Schedule 13G and all subsequent amendments to this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act.
The filing of this Schedule 13G should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the shares of Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is 3053 Fillmore St, Suite 303, San Francisco, CA 94123.
(c)
Citizenship:
Hexstone is a limited liability company organized under the laws of the State of Nevada. Mr. O'Neil is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, par value $0.0001 per share
(e)
CUSIP Number(s):
47714H407
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover pages to this Schedule 13G and is incorporated herein by reference for each such Reporting Person.
The ownership percentage reported is based on (a) 95,411 shares of Common Stock acquired from the issuer on July 2, 2026, and (b) 1,825,791 shares of Common Stock outstanding as of July 2, 2026 and before giving effect to the acquisition of shares described in clause (a), as verified by the issuer.
Hexstone holds 180,000 shares of Common Stock (the "Shares"). Hexstone has the power to dispose of and the power to vote the Shares beneficially owned by it, which power may be exercised by its managing member, Mr. O'Neil. Mr. O'Neil does not directly own the Shares. By reason of the provisions of Rule 13d-3 of the Act, Mr. O'Neil may be deemed to beneficially own the Shares which are beneficially owned by Hexstone.
(b)
Percent of class:
(A) Hexstone: 9.37 %
(B) Mr. O'Neil: 9.37%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(A) Hexstone: 0.00
(B) Mr. O'Neil: 0.00
(ii) Shared power to vote or to direct the vote:
(A) Hexstone: 180,000.00
(B) Mr. O'Neil: 180,000.00
(iii) Sole power to dispose or to direct the disposition of:
(A) Hexstone: 0.00
(B) Mr. O'Neil: 0.00
(iv) Shared power to dispose or to direct the disposition of:
(A) Hexstone: 180,000.00
(B) Mr. O'Neil: 180,000.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit 1 filed herewith.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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.
Hexstone Capital LLC
Signature:
/s/ Brendan O'Neil
Name/Title:
Brendan O'Neil, Managing Member
Date:
07/09/2026
Brendan O'Neil
Signature:
/s/ Brendan O'Neil
Name/Title:
Brendan O'Neil
Date:
07/09/2026
Comments accompanying signature: See Exhibit 1 filed herewith.
