York Space Systems adds Janine Davidson to board
York Space Systems Inc. appointed Janine A. Davidson, age 59, to its Board of Directors effective April 10, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
York Space Systems Inc. appointed Janine A. Davidson, age 59, to its Board of Directors effective April 10, 2026. She will serve as a Class II director until the 2028 annual stockholders’ meeting and also joined the Board’s Audit Committee.
Her compensation includes a $70,000 annual cash retainer for board service, a $20,000 annual cash retainer for Audit Committee service, and an annual grant of RSUs valued at approximately $180,000 with one-year cliff vesting, all prorated from her appointment date. The Board increased its size to eight directors in connection with her appointment.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
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.
Key Figures
Board size after appointment: 8 directors
Annual board retainer: $70,000
Annual Audit Committee retainer: $20,000
+5 more
8 metrics
Board size after appointment
8 directors
Board size increased in connection with Davidson’s appointment
Annual board retainer
$70,000
Cash retainer for Davidson’s board service
Annual Audit Committee retainer
$20,000
Additional cash retainer for Audit Committee service
Annual RSU grant value
$180,000
Approximate grant date value with one-year cliff vesting
Lease payments
$216,930
Paid since January 1, 2025 for office space at Metropolitan State University of Denver
Director age
59
Age of Janine A. Davidson at time of appointment
Start as MSU Denver president
July 2017
Davidson has served as president of Metropolitan State University of Denver since this date
Term end meeting
2028 annual meeting
Class II director term for Davidson
Key Terms
Audit Committee, RSUs, 2026 Omnibus Incentive Plan, indemnification agreement, +2 more
6 terms
Audit Committee financial
"Concurrent with her appointment as director, Dr. Davidson was appointed as a member of the Audit Committee of the Board"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
RSUs financial
"an annual grant of RSUs pursuant to the Company’s 2026 Omnibus Incentive Plan with an approximate grant date value of $180,000"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2026 Omnibus Incentive Plan financial
"an annual grant of RSUs pursuant to the Company’s 2026 Omnibus Incentive Plan with an approximate grant date value of $180,000"
indemnification agreement financial
"Dr. Davidson will also enter into the Company’s standard indemnification agreement"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
Director Nomination Agreement financial
"For purposes of the Director Nomination Agreement, dated as of January 28, 2026, Dr. Davidson is a nominee of AE Industrial Partners, LP"
Item 404(a) of Regulation S-K regulatory
"no current or proposed transactions ... that requires disclosure pursuant to Item 404(a) of Regulation S-K"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What board change did York Space Systems (YSS) announce on April 10, 2026?
York Space Systems appointed Janine A. Davidson to its Board of Directors and Audit Committee. She will serve as a Class II director until the 2028 annual stockholders’ meeting, following an expansion of the board from seven to eight members.
What compensation will Janine A. Davidson receive as a York Space Systems (YSS) director?
Janine A. Davidson will receive a $70,000 annual cash retainer for board service, a $20,000 annual cash retainer for Audit Committee service, and an annual RSU grant valued at about $180,000, subject to one-year cliff vesting and prorated from her appointment date.
How long will Janine A. Davidson serve on the York Space Systems (YSS) board?
Janine A. Davidson will serve as a Class II director until York Space Systems’ annual meeting of stockholders in 2028. She will continue in this role until her successor is duly elected and qualified or until her earlier death, resignation, or removal.
Who nominated Janine A. Davidson to the York Space Systems (YSS) board?
For purposes of a Director Nomination Agreement dated January 28, 2026, Janine A. Davidson is identified as a nominee of AE Industrial Partners, LP. She will also enter into York Space Systems’ standard indemnification agreement for directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates