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York Space Systems names Brian D. Frantz permanent CFO

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Form Type
8-K

Rhea-AI Filing Summary

York Space Systems Inc. (YSS) appointed Brian D. Frantz, its interim Chief Financial Officer and Chief Accounting Officer, as permanent Chief Financial Officer effective November 12, 2026. He has served as interim CFO since August 14, 2026, and will continue as Chief Accounting Officer.

Effective November 12, the Board approved an annual base salary of $400,000 and a target annual incentive bonus opportunity equal to 75% of his annual base salary. Frantz is also eligible for the long-term incentive program, including an annual restricted stock unit award with a target grant date value of $1,500,000 beginning with the 2027 annual grant cycle. The Board also granted him 6,043 RSUs, representing the prorated portion of that target value for 2026 after November 12.

Filing Explained

The 6,043-RSU grant vests in three substantially equal installments on January 30, 2027, January 30, 2028 and January 30, 2029, with continued service required through each vesting date.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Annual base salary $400,000 per year Compensation effective November 12, 2026
Target annual incentive bonus opportunity 75% of annual base salary Approved for Brian D. Frantz effective November 12, 2026
Target annual long-term incentive value $1,500,000 target grant date value Annual RSU awards beginning with the 2027 annual grant cycle
RSUs granted 6,043 RSUs 2026 award prorated for the portion of the year following November 12, 2026
restricted stock units financial
"annual award of restricted stock units (RSUs)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
target annual incentive bonus opportunity financial
"target annual incentive bonus opportunity equal to 75%"
target grant date value financial
"RSUs with a target grant date value of $1,500,000"
vesting financial
"RSUs will vest in three substantially equal installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

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

What compensation will YSS CFO Brian D. Frantz receive?

The approved terms include an annual base salary of $400,000, a target annual incentive bonus opportunity equal to 75% of his annual base salary, and eligibility for annual RSU awards with a target grant date value of $1,500,000 beginning with the 2027 annual grant cycle.

When do Brian D. Frantz’s YSS RSUs vest?

The 6,043 RSUs vest in three substantially equal installments on January 30, 2027, January 30, 2028, and January 30, 2029, subject to his continued service through each applicable vesting date.

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

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 10, 2026
YORK SPACE SYSTEMS INC.
(Exact name of registrant as specified in its charter)
Delaware001-4308839-4190941
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer Identification No.)
6060 S Willow Drive 80111
Greenwood Village, CO
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (720) 537-2655
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.0001 per share
YSS
  New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐










Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 10, 2026, the Board of Directors (the “Board”) of York Space Systems Inc. (the “Company”) appointed Brian D. Frantz, the Company’s current Interim Chief Financial Officer and Chief Accounting Officer, as the Company’s permanent Chief Financial Officer, effective November 12, 2026. Mr. Frantz has served as Interim Chief Financial Officer since August 14, 2026. Mr. Frantz will also continue serving as the Company’s Chief Accounting Officer. There have been no changes to Mr. Frantz’s professional experience as disclosed in the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on August 5, 2026, which information is incorporated herein by reference.

In connection with Mr. Frantz’s appointment as permanent Chief Financial Officer, the Board approved the following changes to Mr. Frantz’s compensation, effective as of November 12, 2026: (i) an annual base salary of $400,000, (ii) a target annual incentive bonus opportunity equal to 75% of his annual base salary, and (iii) eligibility to participate in the Company’s long-term incentive program, including an annual award of restricted stock units (“RSUs”) with a target grant date value of $1,500,000, commencing with the Company’s 2027 annual grant cycle. Mr. Frantz will continue to be eligible to participate in the Company’s employee benefit plans at the same level as other executive officers of the Company. In addition, the Board approved a grant to Mr. Frantz of 6,043 RSUs under the York Space Systems Inc. 2026 Omnibus Incentive Plan, representing his target annual long-term incentive value of $1,500,000 prorated for the portion of calendar year 2026 following November 12, 2026. The RSUs will vest in three substantially equal installments on January 30, 2027, January 30, 2028 and January 30, 2029, subject to Mr. Frantz’s continued service through each applicable vesting date.

There are no arrangements or understandings between Mr. Frantz and any other person pursuant to which Mr. Frantz was appointed as permanent Chief Financial Officer. There are no family relationships between Mr. Frantz and any director or executive officer of the Company. There are no current or proposed transactions in which Mr. Frantz has or will have a direct or indirect material interest and in which the Company is or will be a participant that requires disclosure pursuant to Item 404(a) of Regulation S-K.































SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


YORK SPACE SYSTEMS INC.

Date: November 12, 2026
By: /s/ Monica J. Palko
Name: Monica J. Palko
Title: Chief Legal & Administrative Officer

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