SOKOLOW LEONARD J 4

What Happened Leonard J. Sokolow, CEO of SKYX Platforms Corp. (SKYX), disposed of 20,874 shares on March 12, 2026. The shares were reported at $1.91 each for a total value of $39,869. The transaction is coded "F" on the Form 4, indicating the shares were used to pay an exercise price or tax liability (i.e., withholding to cover taxes), not an open-market sale for investment purposes.

Key Details

• Date and price: March 12, 2026 — 20,874 shares at $1.91 per share (total $39,869).
• Transaction code: F = payment of exercise price or tax liability.
• Footnote: F8 states the reporting person elected to satisfy tax withholding by directing the issuer to withhold shares otherwise issuable upon vesting of RSUs.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filing date and period of report are March 12, 2026 — appears to be filed timely (no late-filing flag).

Context This was a tax-withholding/share-for-tax transaction (common when RSUs vest or options are exercised), meaning shares were surrendered to cover tax obligations rather than sold on the open market as a liquidity or investment decision. Such transactions are typically routine and do not necessarily signal insider sentiment about the company's outlook.