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SKYX Platforms (SKYX) president Schmidt gave up 20,754 shares at an average $2.14 to cover taxes or an exercise price

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Insider transactions reported

Steven Mark Schmidt (President at SKYX Platforms Corp., SKYX) reported that they gave up 20,754 shares at an average $2.14 to cover taxes or an exercise price between Dec 31, 2025 and Jan 1, 2026. After these transactions the filing shows 463,664 shares held directly.

Reporting person
Schmidt Steven Mark
Role
President
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Dec 31, 2025Shares withheld for taxes or exercise price (F)Common Stock, no par value1-5,929$2.08$12.3K478,489 direct
Jan 1, 2026Shares withheld for taxes or exercise price (F)Common Stock, no par value1, 5-14,825$2.17$32.2K463,664 direct

Holdings before and after

  • Common Stock, no par value: 484,418 to 463,664 direct

Footnotes from the filing

  1. 1. The reporting person has elected to satisfy his tax withholding obligations in connection with the vesting of restricted stock units ( RSUs ) by directing the issuer to withhold shares otherwise issuable upon vesting of the grants.
  2. 2. Fully exercisable.
  3. 3. These options vest as follows, subject to continued employment through the vesting date: 10,000 vested on December 20, 2024, and the remaining 240,000 vest in equal quarterly installments of 20,000 beginning December 31, 2024.
  4. 4. The Series A-1 Preferred Stock (the Preferred Stock ) has an original issue price of $25.00 per share and is convertible at any time, at the holder's option, into shares of the issuer's common stock at an adjusted conversion price of $1.20 per share (or approximately 20.83 shares of common stock for each share of Preferred Stock). Until October 4, 2026, the Preferred Stock is subject to mandatory conversion by the issuer upon the occurrence of certain specified events. In addition, the issuer may redeem the Preferred Stock for cash upon the occurrence of certain events or at any time beginning October 4, 2027. The Preferred Stock has no expiration date.
  5. 5. Includes 140,000 RSUs, which vest in equal quarterly installments of 20,000 beginning March 31, 2026, subject to continued employment through the vesting date.

Transaction codes in this filing

Shares withheld for taxes or exercise price:
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

FAQ

What did Schmidt report in this SKYX Form 4?

Steven Mark Schmidt (President at SKYX Platforms Corp., SKYX) reported that they gave up 20,754 shares at an average $2.14 to cover taxes or an exercise price between Dec 31, 2025 and Jan 1, 2026. After these transactions the filing shows 463,664 shares held directly.

How many SKYX shares does Schmidt hold after this filing?

The filing shows 463,664 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code F mean on an SEC Form 4?

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

Historical context for SKYX

Across the 8 sessions after earlier SKYX headlines, the stock closed higher 6 times and lower 2 times, with a median move of 4.6% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.

Earlier insider filings at SKYX

Keep researching SKYX

Quantisnow market dataNASDAQ
SKYX Platforms Corp. logo
SKYX
SKYX Platforms Corp.
Market cap
30-day
Sector
Consumer Discretionary
Industry
Building Products
Listed since
2022
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