CFO of Skkynet (SKKY) adds 17,241 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skkynet Cloud Systems, Inc. Chief Financial Officer Lowell Thomas Holden reported an open-market purchase of common stock. On March 20, 2026, he bought 17,241 shares of Skkynet common stock at $0.28 per share. After this transaction, he directly holds 226,230 shares of the company’s common stock, indicating an increased personal equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,241 shares ($4,827)
Net Buy
1 txn
Insider
HOLDEN LOWELL THOMAS
Role
CFO
Bought
17,241 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock | 17,241 | $0.28 | $5K |
Holdings After Transaction:
Common stock — 226,230 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 17,241 shares
Purchase price: $0.28 per share
Total holdings after trade: 226,230 shares
+1 more
4 metrics
Shares purchased
17,241 shares
Open-market purchase on March 20, 2026
Purchase price
$0.28 per share
Price paid for Skkynet common stock
Total holdings after trade
226,230 shares
CFO’s direct ownership following the purchase
Net share change
17,241 shares
Net buy shares in this Form 4
Key Terms
open-market purchase, Common stock, Form 4
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common stock financial
"security_title: "Common stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Skkynet (SKKY) report on this Form 4?
Skkynet reported that its CFO, Lowell Thomas Holden, made an open-market purchase of common stock. He bought 17,241 Skkynet shares, increasing his direct holdings to 226,230 shares following the transaction.
What are the Skkynet (SKKY) CFO’s total holdings after this trade?
Following the reported trade, the Skkynet CFO directly owns 226,230 shares of common stock. This total reflects his position after acquiring the additional 17,241 shares in the open-market purchase disclosed in the Form 4.
Was the Skkynet (SKKY) CFO’s trade an open-market purchase or another type?
The transaction was an open-market purchase of Skkynet common stock. The Form 4 labels the trade with code “P,” described as a purchase in an open market or private transaction at $0.28 per share.
Did the Skkynet (SKKY) Form 4 include any derivative or option exercises?
No, this Form 4 only reports a non-derivative transaction in common stock. There are no option exercises or other derivative security transactions listed, and the derivative summary section is empty in the filing.