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Premier Air Charter Holdings (PREM) 8-K Filings

PREM OTC

Here are the 8-K filings from Premier Air Charter Holdings (PREM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

An 8-K covers material events a company has to report between its quarterly reports, so if you follow PREM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PREM filings page.

Rhea-AI Summary

Premier Air Charter Holdings Inc. (PREM) said Matt Aune resigned as Chief Financial Officer and principal financial officer effective immediately on October 19, 2026, for personal reasons. The company said his resignation did not result from a disagreement over its operations, policies or practices. His 1,500,000-share nonstatutory stock option was unvested and forfeited in its entirety; he is not entitled to severance or other separation payments or benefits.

Effective October 20, 2026, the Board designated Chief Executive Officer Sandra J. Bonar as interim principal financial officer and principal accounting officer until a permanent successor is appointed. The company has commenced a search for a permanent Chief Financial Officer. Ms. Bonar will receive no additional compensation for the interim roles.

Rhea-AI Summary

Premier Air Charter Holdings Inc. said its subsidiary, Premier Air Charter, Inc., returned two leased Cessna Citation CJ3 aircraft on October 1, 2026; the leases ended after Premier did not cure defaults asserted by the lessors. The termination does not remove Premier’s payment obligations: the lessors claimed approximately $514,557 due under the leases, including accelerated principal, interest and unpaid rent. They separately asserted approximately $266,842 owed to Williams International and Textron Aviation under engine and parts programs, which the company disputes in part.

The CJ3 return and termination of the CJ2 management arrangement left Premier operating no Citation CJ-series aircraft. The company committed to reduce its workforce from 42 to 37 employees, about 12%, separating five of ten Citation CJ-rated pilots and retraining the other five for different aircraft types. Separations were expected to be completed by October 2, 2026; management estimated no material pre-tax charges and did not expect material impairment charges. Estimates are preliminary and subject to change.

Vincent Monteparte resigned as Chairman, director and employee effective October 6, 2026, and his salary ended. The board appointed Kyle McCollum as director and Chairman effective October 8, 2026. McCollum has a consulting arrangement to provide CFO advisory services.

Rhea-AI Summary

Premier Air Charter Holdings Inc. appointed Matt Aune as Chief Financial Officer and principal financial officer, effective June 22, 2026. Aune previously served as CFO of Phunware, Inc., where he helped scale the business and led its Nasdaq listing.

Under an offer letter dated June 9, 2026, Aune will receive an annual base salary of $237,000 and standard employee benefits. In connection with his appointment, the company granted him a nonstatutory stock option to purchase 1,500,000 shares of common stock at an exercise price of $0.059 per share, with a five-year term.

The option vests in four equal annual installments of 25% of the shares, starting on the first anniversary of the grant date, subject to his continued employment, and permits cashless (net) exercise. The company states there are no related-party arrangements, family relationships, or reportable transactions involving Aune.

Rhea-AI Summary

Premier Air Charter Holdings Inc. reported strong growth in its latest annual results. For the fiscal year ended December 31, 2025, the company generated approximately $31.9 million in revenue, up from $20.8 million in 2024, a 54% year-over-year increase. Management attributes this expansion to higher demand for premium on-demand private jet charter, high-margin aviation services, aircraft management, and customized travel solutions for corporate and high-net-worth clients.

The company is focusing on expanding its fleet and improving maintenance and operational infrastructure to broaden geographic reach and route availability, supporting a stated goal of moving toward sustainable profitability in 2026. Premier frames its strategy within a global private jet charter market estimated at $13.65 billion with a projected 7.84% CAGR.

Rhea-AI Summary

Premier Air Charter Holdings Inc. appointed Gregory Johnson as an independent director, effective immediately. He is a veteran private aviation and fintech executive with more than 20 years of experience building and scaling aviation-technology platforms, including founding Tuvoli and holding senior roles at Flexjet, FlightCar, and OneSky Jets.

Under an Independent Director Engagement Agreement dated February 19, 2026, Johnson will receive annual nonstatutory stock options for 150,000 shares of common stock under the 2025 Omnibus Equity Incentive Plan, vesting in full after 12 months of continuous service, with the initial grant priced at $0.063 per share, plus reimbursement of reasonable documented expenses.

Rhea-AI Summary

Premier Air Charter Holdings Inc. entered into two Conversion Agreements to extinguish an aggregate $2,932,195 of subsidiary debt in exchange for issuing 45,680 shares of its Series A Preferred Stock. Each agreement provides that the applicable debt is fully extinguished upon execution, with the preferred shares to be issued within ten business days. The issuance relied on Section 4(a)(2) of the Securities Act and the shares will bear restrictive legends; holders represented accredited investor status and investment intent.

Separately, on November 7, 2025, the company filed a Certificate of Amendment in Nevada to increase authorized Series A Preferred Stock from 100,000 to 155,000 shares, with all other terms unchanged. The amendment was approved by the Board and by written consent of the sole holder of the outstanding Series A Preferred Stock pursuant to NRS 78.1955.

Rhea-AI Summary

Premier Air Charter Holdings Inc. entered a Conversion Agreement with Innoworks Employment Services to exchange $6,419,269.43 in debt, including accrued interest owed by its subsidiary, for 100,000 shares of Series A Preferred Stock. The debt consolidated notes from February 2, 2024 and August 1, 2024, plus additional amounts as of March 19, 2025.

The company designated 100,000 shares as Series A Preferred on August 6, 2025. On October 21, 2025, it amended the Series A conversion price from $0.04 per share to $0.25 per share, as approved by the board and requisite stockholders, reflecting a mutual aim to align terms with the company’s position and reduce potential dilution upon conversion.

Rhea-AI Summary

Premier Air Charter Holdings Inc. filed a Form 8-K stating that on October 9, 2025 it issued a press release detailing its financial results for the period ended September 30, 2025. The company has furnished the full text of this press release as Exhibit 99.1, and it is not treated as filed for liability purposes under Section 18 of the Exchange Act unless specifically incorporated by reference in another filing.