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York Space Systems (NYSE: YSS) taps Brian Frantz as interim CFO

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

York Space Systems Inc. appointed Brian D. Frantz, currently Chief Accounting Officer, as Interim Chief Financial Officer effective August 14, 2026, and designated him as the company’s principal financial officer while a search is conducted for a permanent CFO.

Frantz, age 63, has held senior finance roles at public and private companies, including Summit Materials and Intrepid Potash. His base salary will increase by $9,000 per month to $36,000 per month during his interim service. He replaces Kevin Messerle, who notified the company of his departure on July 30, 2026, will remain CFO through the second quarter 2026 Form 10-Q filing scheduled for August 13, 2026, and is leaving to pursue an opportunity outside the space industry; the company states his departure is not due to any disagreement over operations, policies or practices. York also issued a press release detailing the transition.

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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.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Interim CFO effective date August 14, 2026 Effective date of Brian D. Frantz’s appointment as Interim Chief Financial Officer
Monthly base salary during interim role $36,000 per month Base salary for Brian D. Frantz while serving as Interim Chief Financial Officer
Monthly salary increase for interim role $9,000 per month Increase to Frantz’s base salary during his Interim Chief Financial Officer service
Second quarter 2026 results date August 13, 2026 Scheduled date to report second quarter 2026 financial results and file Form 10-Q
Age of Interim CFO 63 Age of Brian D. Frantz as disclosed upon his appointment as Interim Chief Financial Officer
Interim Chief Financial Officer financial
"announced the appointment of Brian D. Frantz as Interim Chief Financial Officer"
An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.
principal financial officer financial
"will act as the Company’s principal financial officer while a search is conducted"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure describing the furnished press release"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the Act"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
emerging growth company regulatory
"Emerging growth company box referencing status under the Exchange Act"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

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

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FAQ

What CFO transition did York Space Systems (YSS) announce on August 5, 2026?

York Space Systems announced that CFO Kevin Messerle will step down, and Brian D. Frantz, currently Chief Accounting Officer, will become Interim Chief Financial Officer effective August 14, 2026. Messerle remains CFO through the second quarter 2026 Form 10-Q filing on August 13, 2026.

Who is Brian D. Frantz, newly appointed interim CFO of York Space Systems (YSS)?

Brian D. Frantz, age 63, is York’s Chief Accounting Officer and will serve as interim CFO. He has over three decades of financial leadership experience, including senior roles at Summit Materials, Intrepid Potash, Honnen Equipment, DWF Wholesale Florists, and RE/MAX International, plus earlier work at Arthur Andersen.

When will York Space Systems (YSS) report second quarter 2026 financial results?

York Space Systems plans to report its second quarter 2026 financial results on August 13, 2026. Kevin Messerle will remain in his role as Chief Financial Officer through the filing of the company’s Form 10-Q for that quarter, coinciding with this reporting date.

How will York Space Systems (YSS) compensate Brian Frantz as interim CFO?

During his service as interim CFO, Brian Frantz’s base salary will increase by $9,000 per month to a total of $36,000 per month. This increased compensation applies while he holds the Interim Chief Financial Officer role and serves as principal financial officer.

Did York Space Systems (YSS) report any disagreements linked to Kevin Messerle’s departure?

York stated that Kevin Messerle is leaving to pursue an opportunity outside the space industry and that his departure is not the result of any disagreement on matters relating to the company’s operations, policies, or practices, clarifying the circumstances of the transition.

What forward-looking statement cautions did York Space Systems (YSS) include?

York included a forward-looking statements caution under the Private Securities Litigation Reform Act safe harbor, citing risks such as product failures, cost overruns, intense competition, component shortages, and U.S. government funding disruptions, as well as other factors described in its SEC filings.
0002086587false00020865872026-07-302026-07-30


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): July 30, 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 August 5, 2026, York Space Systems Inc. (the “Company”) announced the appointment of Brian D. Frantz, its Chief Accounting Officer, as Interim Chief Financial Officer, effective August 14, 2026. In his position as Interim Chief Financial Officer, Mr. Frantz will act as the Company’s “principal financial officer” while a formal search process to identify and appoint a permanent Chief Financial Officer is conducted.

Mr. Frantz, age 63, has served as our Chief Accounting Officer since September 2025. From April 2017 to February 2025, Mr. Frantz served as Senior Vice President, Chief Accounting Officer and Treasurer of Summit Materials, Inc., a public company specializing in the production of aggregates and cement. Mr. Frantz served as Interim Chief Financial Officer of Intrepid Potash, Inc., a public company focused on delivering potassium, magnesium, sulfur, salt, and water products, from August 2014 to June 2015. He also served as Intrepid Potash, Inc.’s Controller and Chief Accounting Officer from July 2010 to February 2012, Vice President-Finance from February 2012 to August 2014 and Senior Vice President and Chief Accounting Officer from July 2015 to April 2017. From October 2008 to July 2010, Mr. Frantz served as Chief Financial Officer of Honnen Equipment Company, a private company specializing in selling and leasing construction equipment. Prior to that, Mr. Frantz served as Chief Financial Officer of DWF Wholesale Florists Company, a national wholesale florist and held various positions at RE/MAX International, Inc., a private company engaged in the franchising of real estate brokerage businesses, most recently as Senior Vice President and Chief Financial Officer. Mr. Frantz began his career with Arthur Andersen LLP.

Mr. Frantz’s base salary will be increased by $9,000 per month to a total of $36,000 per month during his service as Interim Chief Financial Officer. There are no arrangements or understandings between Mr. Frantz and any other person pursuant to which Mr. Frantz was appointed as Interim 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.

Mr. Frantz will replace Kevin Messerle, who notified the Company of his departure on July 30, 2026, and will remain in the role of Chief Financial Officer through the filing of the Company’s Quarterly Report on Form 10-Q for the second quarter of 2026 scheduled for August 13, 2026. Mr. Messerle is pursuing an opportunity outside the space industry and his departure is not the result of any disagreement on any matter relating to the Company’s operations, policies or practices. The Company wishes him well in his next chapter and thanks him for his contributions.

7.01. Regulation FD Disclosure.

On August 5, 2026, the Company issued a press release with respect to Mr. Frantz’s appointment as Interim Chief Financial Officer. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information furnished in this Item 7.01, including the press release incorporated into this Item 7.01, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.






Exhibit No.
Description
99.1
Press Release dated August 5, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
























































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: August 5, 2026
By: /s/ Monica J. Palko
Name: Monica J. Palko
Title: Chief Legal & Administrative Officer


York Space Systems Announces Chief Financial Officer Transition

DENVER — August 5, 2026York Space Systems (York) (NYSE: YSS) today announced that Kevin Messerle, will step down from his current role as Chief Financial Officer. York has named Brian Frantz, currently Chief Accounting Officer, as interim CFO, effective August 14, 2026. York wishes Messerle well in his next chapter outside the industry.

Frantz brings more than three decades of financial leadership experience, having held both CFO and CAO roles across public and private companies throughout his career, including prior service as CFO of RE/MAX International and as Principal Financial Officer of Intrepid Potash, Inc. (NYSE: IPI). He joined York as Chief Accounting Officer and played a central role in leading the company's transition to a public company, with direct responsibility for financial reporting, internal controls, and SEC compliance.

“Brian’s CFO and CAO experience for both public and private companies, coupled with his institutional knowledge of York, and the strong working partnership we’ve built through our pubic-company transition position him well to lead York’s finance organization and keep us focused on what matters most, executing our strategy and delivering for our customers and shareholders,” said Dirk Wallinger, CEO of York.

York will report second quarter 2026 financial results on August 13, 2026 and Messerle will remain in his role as Chief Financial Officer of York through the filing of the Quarterly Report on Form 10-Q for the second quarter of 2026.

About York Space Systems

York Space Systems (NYSE: YSS) is a leading, U.S.-based national defense and commercial prime providing a comprehensive suite of mission-critical solutions for national security, government, and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers’ complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is purpose built to address evolving national security space challenges and to adapt to the ongoing shift in the U.S. government’s mission needs and procurement processes.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of, and we intend such forward-looking statements to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “could,” “emerging,” “expand,” “expect,” “feasibility,” “intend,” “may,” “objective,” “plan,” “potential,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. In particular, statements about the execution of the company’s strategy, and our expectations, beliefs, plans, strategies, objectives, prospects, assumptions, or future events or performance contained in this press release are forward-looking statements.




Factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include: any failure of our spacecraft systems and related software to operate as intended, resulting in claims for product failures, schedule delays or other problems with existing or new products; cost overruns on our contracts, including before final receipt of a contract; significant competition in the global space and satellite market; our revenue, results of operations and reputation may be negatively impacted if our products contain defects or fail to operate in the expected manner; our failure to establish and maintain important relationships with government agencies and prime contractors; the scarcity or unavailability of critical components used to manufacture our products or used in our development programs; disruptions in U.S. government operations and funding and budgetary priorities of the U.S. government; the inability to comply with any of our contracts or meet eligibility requirements to obtain certain government contracts; and the other factors set forth in our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release and the related conference call. Actual results may vary from the estimates provided. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this press release, whether as a result of new information, future events or otherwise, except as required by law.

References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. York is not responsible for the content of third-party websites.

Media Contact
Sarah Nickell
Sarah.nickell@yorkspacesystems.com

Investor contact
Christopher Evenden
ir@yorkspacesystems.com

Filing Exhibits & Attachments

4 documents