SOKOLOW LEONARD J 4

What Happened

• Leonard J. Sokolow, CEO of SKYX Platforms Corp. (SKYX), was credited with two awards on June 14, 2026: one award of 50,000 shares and a second 50,000-share derivative award (total 100,000). Both awards are reported at $0.00 acquisition price (no cash paid).
• To satisfy tax withholding on vesting, 4,919 shares were treated as disposed/withheld at $1.06 per share, totaling $5,214.

Key Details

• Transaction dates and prices: awards dated 2026-06-14 (acquired at $0.00); tax withholding/disposition of 4,919 shares at $1.06 per share (total $5,214).
• Shares owned after transaction: not specified in this Form 4 filing.
• Relevant footnotes: F8 indicates the 50,000 RSU award vests in four equal installments (12,500 each) with one installment on June 14, 2026 (consistent with this vesting); F11 describes the derivative award vesting schedule (four equal installments of 12,500, including June 14, 2026); F9 confirms the reporting person elected to satisfy tax withholding by directing the issuer to withhold shares.
• Filing timeliness: Form 4 was filed on 2026-06-17 for transactions on 2026-06-14; this appears to be within the typical two-business-day reporting window.

Context

• These entries reflect awards/vestings (not open-market purchases or sales for investment). The small disposition (4,919 shares) is a tax-withholding action tied to the vesting, not an independent sale indicating sentiment.
• The awards are reported at $0.00 acquisition price because they are compensation (RSUs/derivative awards); no cash outlay is shown.