June 30, 2025 · Form 4 insider transaction
Schmidt Steven Mark sold 5,928 shares of SKYX PLATFORMS CORP at $1.20 per share, a transaction worth $7.1K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
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.; Includes 230,000 RSUs, which vest as follows, subject to continued employment through the vesting date: (i) 180,000 vest in equal quarterly installments of 20,000 beginning September 30, 2025, and (ii) 50,000 vest on January 1, 2026.