8-KCurrent report
Officer or director change
✓ VerifiedSidus Space appointed Alan Khalili as Chief Financial Officer effective July 27, 2026, at a base salary of $450,000 per year plus a 50% annual discretionary bonus.
8.01 Other events
Filed Jul 24, 2026 · 09:15 ET
Summary
- On July 22, 2026, Sidus Space appointed Alan Khalili as Chief Financial Officer, effective July 27, 2026.
- Under his employment agreement dated July 22, 2026, Khalili's base salary is $450,000 per year with a 50% annual discretionary bonus.
- Khalili will receive a restricted stock unit of 50,000 shares of Class A common stock that vests upon certain conditions.
- His severance is six months of base salary if the agreement is not renewed or he is terminated without cause or for Good Reason, increasing to twelve months if employment is terminated after July 27, 2027.
- Khalili succeeds John Burke, who served as Interim Chief Financial Officer during the Company's transition period.
- The Company issued a press release announcing the appointment on July 24, 2026.
Key facts
- New CFO
- Alan Khalili
From the filing for New CFO
“the "Company") appointed Alan Khalili as Chief Financial Officer, effective July 27, 2026”
- Effective date
- July 27, 2026
From the filing for Effective date
“appointed Alan Khalili as Chief Financial Officer, effective July 27, 2026”
- Base salary
- $450,000 per year
From the filing for Base salary
“his base salary is $450,000 per year with a 50% annual discretionary bonus”
- Annual bonus
- 50% annual discretionary bonus
From the filing for Annual bonus
“his base salary is $450,000 per year with a 50% annual discretionary bonus”
- Restricted stock units
- 50,000 shares
From the filing for Restricted stock units
“Mr. Khalili will receive a restricted stock unit of 50,000 shares of Class A common stock which will vest upon certain conditions”
- Severance
- six (6) months of his annual base salary
From the filing for Severance
“Mr. Khalili shall be entitled to six (6) months of his annual base salary ("Severance Payment")”
- Increased severance date
- after July 27, 2027
From the filing for Increased severance date
“His Severance Payment increases to twelve (12) months of his annual base salary in the event his employment is terminated after July 27, 2027”
- Predecessor
- John Burke
From the filing for Predecessor
“Mr. Khalili succeeds John Burke, who served as Interim Chief Financial Officer during the Company's transition period”
Why it mattersThe appointment fills the CFO role permanently, replacing an interim officer and setting compensation terms for finance leadership at the space and defense company.
- Filed
- Jul 24, 2026
- Accepted
- 2026-07-24 13:15Z
- Period
- Jul 22, 2026
- Accession no.
- 0001493152-26-034485
- Size
- 426 KB
- Index
- Filing index