X0202 SCHEDULE 13D/A 0002109294 XXXXXXXX LIVE 4 Common Stock, par value $0.0001 per share 03/17/2026 false 0001861622 47714H308 Jet.AI Inc.

10845 GRIFFITH PEAK DR., SUITE 200 LAS VEGAS NV 89135

Vladimir A. Semenikhin 0607934471 Royal Amwaj Crescent Road Palm Jumeirah Dubai C0 99999 0002109294 N Semenikhin Vladimir Anatolevich b PF N O1 4450000.00 4450000.00 4450000.00 4450000.00 4450000.00 N 3.7 IN Common Stock, par value $0.0001 per share Jet.AI Inc. 10845 GRIFFITH PEAK DR., SUITE 200 LAS VEGAS NV 89135 Vladimir Anatolevich Semenikhin Royal Amwaj Crescent Road Palm Jumeirah Dubai UAE Director Sello Dorado FZCO DSO IFZA Dubai Digital Park Dubai Silicon Oasis No No Malta The aggregate purchase price of the Shares was approximately $1.65 million. The funds used to acquire the Shares were the Reporting Person's personal funds, including cash received from dividends and distributions from entities owned or controlled by the Reporting Person. No funds were borrowed or obtained from any third party in connection with the acquisition of the Shares. The Reporting Person continues to monitor developments relating to the Issuer capital structure, financing activities, governance practices, and pending strategic transactions. Since the filing of the prior amendment, the Issuer has disclosed in its Annual Report on Form 10-K that, as of March 6, 2026, 119,209,666 shares of common stock were issued and outstanding, representing a substantial increase in the Issuer outstanding share count over a relatively short period of time compared with prior publicly disclosed levels. The Reporting Person believes that such material dilution raises significant questions regarding capital allocation, stockholder treatment, and whether current financing practices are aligned with the long-term interests of stockholders. The Reporting Person further notes that such dilution is occurring in advance of an expected stockholder vote relating to the Issuer proposed merger transaction, thereby materially altering the ownership percentages and voting power of existing stockholders in proximity to a matter of significant corporate importance. The Reporting Person believes that the magnitude and timing of such equity issuance warrant careful consideration by the Issuer Board of Directors and stockholders, particularly in light of the Issuer previously stated rationale for adopting its stockholder rights plan, including assuring fair and equal treatment of stockholders and protecting long-term stockholder interests. The Reporting Person further notes that such dilution has materially affected the relative ownership position of existing stockholders, including long-term holders, without corresponding evidence that such capital deployment has yet produced any stockholder value. The Reporting Person continues to evaluate the implications of these developments for the Issuer governance, financing policies, Board composition, and strategic direction, including whether further engagement with the Issuer Board of Directors, management, legal counsel, other stockholders, or other actions available to stockholders may be appropriate. The Reporting Person beneficially owns 4450000 shares of common stock of the Issuer, representing approximately 3.7% of the outstanding shares of common stock of the Issuer, based on 119209666 shares outstanding as reported in the Issuer's Form 10-K filled on March 6th 2026. The Reporting Person has sole voting power and sole dispositive power with respect to 4450000 shares. The Reporting Person effected the following transactions in the Share during the past 60 days (aggregated by date), all of which were open market transactions: Date: 13/01/26 Number of Shares: 1.774.000 Price per Share: 0.41 Transaction: Purchase Date: 14/01/26 Number of Shares: 1.790.016 Price per Share: 0.485 Transaction: Purchase Date: 15/01/26 Number of Shares: 164.016 Price per Share: 0.47 Transaction: Sell Date: 02/02/26 Number of Shares: 550.000 Price per Share: 0.18 Transaction: Purchase Date: 25/02/26 Number of Shares: 500.000 Price per Share: 0.11 Transaction: Purchase No person other than the Reporting Person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares. Not applicable. The Reporting Person is not a party to any contracts, arrangements, understandings or relationships with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities of the Issuer, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies. None. Semenikhin Vladimir Anatolevich Semenikhin Vladimir Anatolevich 03/17/2026