Greenstein Brayer Efrat L 4

What Happened

• Efrat L. Greenstein Brayer, a director of SKYX Platforms Corp. (SKYX), was granted awards on 2026-03-31 reported as acquisitions (code A): 16,000 restricted shares (priced $0.00) and 16,000 derivative awards shown at $0.00. The restricted shares vested immediately upon grant; the derivative awards are subject to vesting terms under the company's non-employee director compensation program.
• These were grants (not open-market purchases or exercises), so they increase her holdings through compensation rather than a market buy or sale.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (appears timely).
• Grants: 16,000 restricted stock units (vested immediately) + 16,000 derivative awards (both reported at $0.00).
• Footnotes: F1 — restricted stock vested immediately upon grant; F2 — options (derivative awards) vest in 12 equal monthly installments beginning 4/30/2026; both granted under the non-employee director compensation program.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction code: A = Award/Grant.

Context

• The restricted stock vested immediately, so those 16,000 shares should be owned outright post-grant. The 16,000 derivative awards vest over 12 months and are not exercises — they represent future potential equity if vesting conditions are met.
• Grants to non-employee directors are common as part of board compensation and are routine; they reflect compensation, not necessarily the director buying stock as a bullish signal.