Ridge Thomas J 4

What Happened

• Ridge Thomas J, a director of SKYX Platforms Corp. (SKYX), received awards on 2026-03-31: 5,000 shares of restricted stock that vested immediately and a separate grant of 5,000 option units (reported as a derivative award). Both grants show an acquisition price of $0.00 in the Form 4 filing and were issued under the company’s non-employee director compensation program. These were grants/awards (not open-market purchases or sales).

Key Details

• Transaction date: 2026-03-31; Filing date: 2026-04-02 (appears timely under the two-business-day Form 4 rule).
• Reported price: $0.00 for both the 5,000 restricted shares and the 5,000-option award.
• Shares owned after transaction: filing does not disclose total beneficial ownership. The 5,000 restricted shares vested immediately and are owned by the insider; the 5,000 options remain subject to vesting.
• Footnotes: F1 — the 5,000 shares are restricted stock that vested immediately under the non-employee director compensation program. F2 — the 5,000 option units vest in twelve equal monthly installments on the last day of each month beginning April 30, 2026.
• No indication of a 10b5-1 plan, tax withholding sale, or late filing flag in the provided data.

Context

• The restricted stock grant vested immediately, so those shares are now owned by the director. The derivative award represents options (or option-like units) that will vest monthly over one year beginning 4/30/2026; they are not exercised or sold at grant.
• These types of awards are common as routine director compensation and are different from open-market buys or insider sales. The filing is informational and does not by itself indicate the director’s market view.