DiMattia Nancy 4
4 · SKYX Platforms Corp. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
SKYX Director Nancy DiMattia Receives Restricted Shares & Options
What Happened
Nancy DiMattia, a director of SKYX Platforms Corp. (SKYX), received two compensation awards on 2026-03-31: 26,500 shares of restricted stock that vested immediately and a separate grant of 26,500 derivative awards (options). Both awards show an acquisition price of $0.00 on the Form 4, indicating they were granted as compensation rather than purchased. These are grants (transaction code A), not sales or exercises.
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-02. No late filing is indicated in the provided data.
- Awards: 26,500 restricted shares (vested immediately) and 26,500 options (derivative). Reported acquisition price: $0.00 for each award.
- Shares owned after the transaction: Not disclosed in the information provided.
- Footnotes:
- F1: The 26,500 shares are restricted stock that vested immediately and were granted under the non‑employee director compensation program.
- F2: The 26,500 derivative awards are options that vest in 12 equal monthly installments, beginning April 30, 2026, granted under the non‑employee director compensation program.
- Transaction type: Award/grant (A). This is compensation, not an open‑market purchase or sale.
Context
These awards are typical director compensation and do not reflect a sale or an exercised option; the derivative grant is subject to future vesting and has not been exercised. For retail investors, grants to directors can indicate routine compensation alignment with shareholders rather than a direct signal of insider buying or selling.
Insider Transaction Report
- Award
Common Stock, no par value
[F1]2026-03-31+26,500→ 137,770 total - Award
Stock Option (right to buy)
[F2]2026-03-31+26,500→ 26,500 totalExercise: $1.12From: 2026-04-30Exp: 2031-03-31→ Common Stock, no par value (26,500 underlying)
- 8,000
Stock Option (right to buy)
Exercise: $12.34From: 2022-03-31Exp: 2027-03-11→ Common Stock, no par value (8,000 underlying) - 26,500
Stock Option (right to buy)
Exercise: $3.28From: 2023-04-30Exp: 2028-04-05→ Common Stock, no par value (26,500 underlying) - 26,500
Stock Option (right to buy)
Exercise: $1.09From: 2024-04-30Exp: 2029-04-04→ Common Stock, no par value (26,500 underlying) - 26,500
Stock Option (right to buy)
Exercise: $1.26From: 2025-03-31Exp: 2030-03-27→ Common Stock, no par value (26,500 underlying)
Footnotes (2)
- [F1]Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.
- [F2]Options vest in twelve equal monthly installments, on the last day of each month, beginning on April 30, 2026. These options were granted pursuant to the non-employee director compensation program.