SKYX director receives stock and option awards
SKYX Platforms Corp. director Gary N. Golden reported equity-based compensation on March 31, 2026.
Rhea-AI Filing Summary
SKYX Platforms Corp. director Gary N. Golden reported equity-based compensation on March 31, 2026. He received 18,000 shares of restricted common stock that vested immediately under the non-employee director compensation program, increasing his direct common stock holdings to 82,000 shares.
Golden was also granted a stock option for 18,000 shares of common stock at an exercise price of $1.12 per share. This option expires on March 31, 2031 and vests in twelve equal monthly installments on the last day of each month, beginning on April 30, 2026. He continues to hold additional stock options covering 10,000, 18,000, 18,000 and 18,000 underlying shares at higher and lower exercise prices with expirations between 2027 and 2030, showing ongoing equity exposure to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 36,000 shares
Grant/Award
6 txns
Insider
Golden Gary N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 18,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock, no par value | 18,000 | $0.00 | $0.00 |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 82,000 contracts for 64,000 underlying shares (Direct);
Common Stock, no par value — 82,000 shares (Direct)
Footnotes (2)
- F1. Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program.
- F2. Options vest in twelve equal monthly installments, on the last day of each month, beginning on April 30, 2026. These options were granted pursuant to the non-employee director compensation program.
Key Figures
Restricted stock grant: 18,000 shares
New option grant size: 18,000 shares
New option exercise price: $1.12 per share
+5 more
8 metrics
Restricted stock grant
18,000 shares
Granted and vested immediately on March 31, 2026
New option grant size
18,000 shares
Stock option (right to buy) granted March 31, 2026
New option exercise price
$1.12 per share
Stock option expiring March 31, 2031
Common shares after grant
82,000 shares
Total direct SKYX common stock held after March 31, 2026 grant
Legacy option strike
$12.34 per share
Stock option on 10,000 underlying shares expiring March 11, 2027
Legacy option strike
$3.28 per share
Stock option on 18,000 underlying shares expiring April 5, 2028
Legacy option strike
$1.09 per share
Stock option on 18,000 underlying shares expiring April 4, 2029
Legacy option strike
$1.26 per share
Stock option on 18,000 underlying shares expiring March 27, 2030
Key Terms
restricted stock, non-employee director compensation program, Stock Option (right to buy), vest
4 terms
restricted stock financial
"Represents shares of restricted stock, which vested immediately upon grant"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
non-employee director compensation program financial
"were granted pursuant to the non-employee director compensation program"
Stock Option (right to buy) financial
"security_title": "Stock Option (right to buy)""
vest financial
"Options vest in twelve equal monthly installments, on the last day of each month"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did SKYX (SKYX) director Gary N. Golden receive?
Director Gary N. Golden received 18,000 restricted shares of common stock and a stock option for 18,000 shares at an exercise price of $1.12 per share as part of SKYX’s non-employee director compensation program.
When do Gary N. Golden’s new SKYX stock options vest and expire?
Golden’s new 18,000-share stock option vests in twelve equal monthly installments starting April 30, 2026. The option carries a $1.12 exercise price and expires on March 31, 2031, providing a multi-year opportunity to exercise.
What other SKYX stock options does Gary N. Golden still hold?
Golden continues to hold several stock options over SKYX common stock, including tranches covering 10,000 and 18,000-share blocks at exercise prices such as $12.34, $3.28, $1.09, and $1.26, with expirations from 2027 through 2030.
AI-generated analysis. How Rhea-AI works. Not financial advice.
