Skkynet Cloud Systems, Inc.·4

Apr 28, 11:14 AM ET

Tillery Jack Gary Jr. 4

4 · Skkynet Cloud Systems, Inc. · Filed Apr 28, 2026

Research Summary

AI-generated summary of this filing

Updated

Skkynet (SKKY) CEO Jack Tillery Buys 35,710 Shares

What Happened
Jack Gary Tillery Jr., CEO and director of Skkynet Cloud Systems (SKKY), reported two purchases (transaction code P) totaling 35,710 shares at $0.28 per share. The filings show a 20,000-share buy on 2026-03-30 for $5,600 and a 15,710-share buy on 2026-03-31 for $4,398.80, for an aggregate cost of approximately $9,998.80 (~$10,000). Purchases (P) are typically interpreted as insider buying rather than selling, though this is a relatively small dollar amount.

Key Details

  • Transaction dates and prices: 2026-03-30 — 20,000 shares @ $0.28 ($5,600); 2026-03-31 — 15,710 shares @ $0.28 ($4,398.80).
  • Total acquired: 35,710 shares; total spent ≈ $9,998.80.
  • Shares owned after the transaction: Not specified in the provided filing.
  • Notable footnotes: None disclosed (no 10b5-1 plan, tax-withholding, or special conditions noted in the supplied data).
  • Filing timeliness: The Form 4 was filed 2026-04-28 for trades dated 2026-03-30/31 — this falls outside the typical 2-business-day reporting window (reported late).

Context
Insider purchases can signal confidence, but the size matters — this buy (~$10K) is modest. Retail investors should consider the purchase alongside the insider’s total holdings, company fundamentals, and broader trading patterns rather than treating a small single transaction as a strong endorsement.

Insider Transaction Report

Form 4
Period: 2026-03-30
Transactions
  • Purchase

    Common stock

    2026-03-30$0.28/sh20,000$5,60020,000 total
  • Purchase

    Common stock

    2026-03-31$0.28/sh15,710$4,39935,710 total
Signature
/s/ Jack Gary Tillery Jr.|2026-04-27

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4