SkyAI, Inc.: 10% owner Bastion Trading Ltd bought 44,000 shares

What happened

• Bastion Trading Ltd, identified in the filing as a 10% owner, purchased 44,000 shares of SkyAI, Inc. on Oct 7, 2026, at a weighted average price of $1.78 per share, for a total of $78,263. The Form 4 was filed jointly by Bastion Trading, Bastion Holdings, Lucio Holding and Wei Zhu.

Key details

• Transaction date and price: Oct 7, 2026; weighted average price $1.78 per share (shares purchased in multiple transactions at prices ranging from $1.7700 to $1.7900, inclusive). The filers offer to provide a breakdown of purchases by price on request (F2).
• Shares owned after the transaction: the filing excerpt provided does not state the number of shares owned after the purchase.
• Relevant footnotes: F1 (joint filing by Bastion Trading, Bastion Holdings, Lucio Holding and Wei Zhu; Section 13(d) group and disclaimers), F2 (weighted average price and price range), F3–F4 (beneficial ownership relationships among Bastion Trading, Bastion Holdings, Lucio Holding and Mr. Zhu), F8–F9 (pre-funded and stapled warrants held by Bastion Trading are subject to 9.99% beneficial ownership limits and are not currently exercisable).
• Timeliness: the Form 4 was filed Oct 9, 2026 for the Oct 7, 2026 transaction; the filing does not indicate it was late.

Why it may matter

• The transaction code reported is P (purchase).
• Bastion Trading Ltd is reported as a 10% owner (a large holder rather than an executive role).
• The filers also disclose holdings of pre-funded and stapled warrants that are subject to beneficial ownership limits and are not currently exercisable (F8–F9).
• A filing like this does not show why the insider traded or why the company acted.