SkyAI, Inc 8-K, filed Feb 23, 2026
SkyAI, Inc. (SKYA)
About this 8-K
SkyAI, Inc filed this 8-K on February 23, 2026, reporting on events of February 17, 2026.
Items reported
- Item 1.01: Entered into a material agreement
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
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Item 1.01. Entry Into a Material Definitive Agreement.
The information set forth in Items 5.02 is incorporated by reference in this Item 1.01.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 13, 2026 Sharps Technology, Inc. (the “Company”) entered into a fee agreement with DLA, LLC (“DLA”), pursuant to which the Company appointed Arthur Levine as interim Chief Financial Officer of the Company for an initial term of three months, effective February 17, 2026, which may be extended at the sole discretion of the Company. The Company shall pay $450 per hour to DLA for Mr. Levine’s services.
Mr. Levine, age 68, has provided fractional and interim consulting services from 2023 to 2026 to companies in various industries at various stages of growth. From March 2021 to July 2023, Mr. Levine served as the Chief Financial Officer of NextNRG, Inc (f.k.a EzFill Holdings) (NASDAQ: NXXT) a mobile fueling company. From 2014 to 2020, Mr. Levine served as the Chief Financial Officer of Sensus Healthcare (NASDAQ: SRTS), a medical device company. Mr. Levine received his Bachelor of Science degree from The Wharton School of the University of Pennsylvania and is a Certified Public Accountant.
In accordance with the Company’s customary practice, on February 21, 2026 the Company entered into its standard form of indemnification agreement, effective February 17, 2026, with Mr. Levine, which requires the Company to indemnify Mr. Levine against certain liabilities that may arise as result of his status or service as the interim Chief Financial Officer.
There are no arrangements or understandings between the Company and Mr. Levine pursuant to which Mr. Levine was appointed and there is no family relationship between or among any director or executive officer of the Company or Mr. Levine. There are no transactions, to which the Company is or was a participant and in which Mr. Levine has a material interest subject to disclosure under Item 404(a) of Regulation S-K.
Paul Danner, Executive Chairman and Principal Executive Officer, will serve as the Company’s Principal Financial Officer. The Company has initiated its search for a Chief Financial Officer. The Company expects to retain the services of Mr. Levine until such time its search for a permanent replacement Chief Financial Officer is successfully concluded.
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 thereunto duly authorized.
| Sharps Technology, Inc. | ||
| Dated: February 23, 2026 | By: | /s/ Paul K. Danner |
| Name: | Paul K. Danner | |
| Title: | Principal Executive Officer | |