SEC Form 4 · accession 0001493152-26-031306
SKYX Platforms Corp. · SKYX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Mark Schmidt
Officer — President
Period of report
Jun 30, 2026
Accepted (ET)
Jun 30, 2026 · 5:00 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001598981
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, no par valueF1,F5 | Jun 30, 2026 | F | 5,930 | $1.03 | D | 451,804 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $0.90 | holding | — | — | — | Dec 20, 2024 | Sep 15, 2029 | Common Stock, no par value | 250,000 | 250,000 | D |
| Stock Option (right to buy)F2 | $1.09 | holding | — | — | — | Jan 1, 2025 | Dec 15, 2029 | Common Stock, no par value | 100,000 | 100,000 | D |
| Series A-1 Preferred StockF4 | — | holding | — | — | — | — | — | Common Stock, no par value | 416,667 | 20,000 | D |
Explanation of responses
- F1The 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.
- F2Fully exercisable.
- F3These 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.
- F4The 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.
- F5Includes 100,000 RSUs, which vest in equal quarterly installments of 20,000 beginning September 30, 2026, subject to continued employment through the vesting date.