HOLDEN LOWELL THOMAS 4

What Happened

• Holden Lowell Thomas, Chief Financial Officer of Skkynet Cloud Systems, purchased 17,241 shares of SKKY on 2026-03-20 at $0.28 per share, for a total cost of about $4,827. The Form 4 lists the transaction as a purchase (code P / open market or private purchase).

Key Details

• Transaction date and price: 2026-03-20 at $0.28 per share.
• Shares purchased: 17,241; reported total transaction value ≈ $4,827.
• Shares owned after transaction: not specified in the information provided in this summary.
• Plan/footnotes: no 10b5-1 plan, tax-withholding, or other footnotes reported in the provided details.
• Filing timeliness: Form 4 was filed 2026-04-06 for a 2026-03-20 transaction, which is beyond the typical 2-business-day reporting window and indicates a late filing.

Context

• Purchases by insiders (code P) are often considered more informative than routine sales because they involve buying company stock; however, this was a relatively small-dollar transaction (~$4.8k) and, by itself, should not be taken as a strong signal of management’s view.
• No options, awards, gifts, or cashless exercises were involved in this report.