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Get filing alertsFirefly Aerospace formalizes executive pay, enrolls three officers in amended severance plan
Filed April 21, 2026 · Period ending April 15, 2026 · ~1 min read
Key Changes
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medium
CEO Jason Kim's compensation memorialized at $500k base salary with 100% bonus target; CFO Darren Ma at $420k with 60% target; Ramon Sanchez at $425k with 50% target. These are existing pay levels being documented, not new increases.
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medium
Board amended executive severance plan with unspecified clarifying changes and enrolled Kim, Ma, and Sanchez as participants. Severance benefit details not disclosed in filing.
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New employment letters replace prior agreements for three executives but appear confirmatory in nature, documenting current terms rather than announcing material changes to roles or compensation.
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Source-verified from EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify