Golden Gary N 4
Research Summary
AI-generated summary
SKYX Director Gary N. Golden Receives 36,000-Share Award
What Happened Gary N. Golden, a director of SKYX Platforms Corp. (SKYX), was granted a total of 36,000 securities on 2026-03-31: 18,000 restricted shares (reported at $0.00) and 18,000 derivative awards (options) reported at $0.00. The restricted shares vested immediately upon grant; the option awards were granted as part of the company’s non-employee director compensation program.
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-02 (Form 4 accession 0001493152-26-014952).
- Reported acquisition price: $0.00 for both grants (no cash paid at grant).
- Grants: 18,000 restricted stock shares (vested immediately, F1) and 18,000 option/derivative awards (F2).
- Vesting for options: 12 equal monthly installments, vesting on the last day of each month beginning April 30, 2026 (F2).
- Grants were made under the non-employee director compensation program (footnotes F1/F2).
- Post-transaction total shares owned by the insider are not provided in the supplied filing.
Context These are award grants (not open-market purchases or sales). The immediate vesting of the restricted shares means those 18,000 shares are owned outright, while the 18,000 option awards will vest over the next 12 months before they can be exercised. Grants to non-employee directors are common compensation and are neutral factual signals for retail investors; no sale or cash proceeds were reported.