Dov Shiff (NASDAQ: SKYX) awarded stock and options as director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SKYX Platforms Corp. director and ten percent owner Dov Shiff reported equity compensation awards and updated holdings. On March 31, 2026, he received 5,000 shares of restricted common stock that vested immediately under the non-employee director compensation program and stock options for 5,000 shares of common stock at an exercise price of $1.1200 per share, expiring on March 31, 2031, which vest in twelve equal monthly installments beginning on April 30, 2026. Following these awards, he directly holds 1,512,952 shares of common stock and several option grants with exercise prices ranging from $1.0900 to $12.3400. He also reports indirect ownership of common stock, including 40,000 shares held by his spouse and shares held through entities where he is an owner or controlling person, such as Shiff Group Investments Ltd., DZDLUX s.a.r.l., and Shiff Group Assets Ltd.. The filing shows no open‑market purchases or sales, only grants and existing positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Shiff Dov
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 5,000 | $0.00 | -- |
| Grant/Award | Common Stock, no par value | 5,000 | $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) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock, no par value | -- | -- | -- |
| holding | Common Stock, no par value | -- | -- | -- |
| holding | Common Stock, no par value | -- | -- | -- |
| holding | Common Stock, no par value | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 5,000 shares (Direct);
Common Stock, no par value — 1,512,952 shares (Direct);
Common Stock, no par value — 379,955 shares (Indirect, By SGI)
Footnotes (1)
- These securities are owned by Shiff Group Investments Ltd. ("SGI"), of which the reporting person is an owner and the President and Chief Executive Officer. These securities are owned by DZDLUX s.a.r.l., of which the reporting person is a controlling person. These securities are owned by Shiff Group Assets Ltd., of which the reporting person is a controlling person. Represents shares of restricted stock, which vested immediately upon grant and were granted pursuant to the non-employee director compensation program. 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: 5,000 shares
New option grant size: 5,000 shares
New option exercise price: $1.1200 per share
+5 more
8 metrics
Restricted stock grant
5,000 shares
Common Stock, vested immediately on March 31, 2026
New option grant size
5,000 shares
Stock Option (right to buy) granted March 31, 2026
New option exercise price
$1.1200 per share
Underlying common stock, option expiring March 31, 2031
Direct common stock holding
1,512,952 shares
Total shares following transaction, direct ownership
Option position at $12.0000
25,000 underlying shares
Stock Option (right to buy), expiration December 31, 2026
Option position at $1.0900
5,000 underlying shares
Stock Option (right to buy), expiration April 4, 2029
Indirect holding by spouse
40,000 shares
Common Stock held indirectly, nature of ownership: By Spouse
Indirect holding via DZDLUX s.a.r.l.
13,274,618 shares
Common Stock, reporting person is a controlling person
Key Terms
restricted stock, non-employee director compensation program, Stock Option (right to buy), indirect, +1 more
5 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)""
indirect financial
""ownership_type": "indirect", "ownership_code": "I""
controlling person financial
"DZDLUX s.a.r.l., of which the reporting person is a controlling person"
A controlling person is an individual or entity that can direct a company’s decisions and strategy through ownership, voting power, board control, or other influence — like the captain of a ship who sets course. For investors, who holds that control matters because it shapes management choices, risk tolerance, potential conflicts of interest, and the likelihood of major actions such as mergers, dividend changes, or management shifts.
FAQ
What did SKYX (SKYX Platforms Corp.) report in Dov Shiff’s latest Form 4?
The Form 4 reports equity compensation for director and ten percent owner Dov Shiff. He received 5,000 restricted shares and 5,000 stock options, and the filing updates his direct and indirect common stock and option holdings without showing any market purchases or sales.
What are the vesting terms of Dov Shiff’s new SKYX stock options?
The new stock options for 5,000 SKYX shares vest in twelve equal monthly installments, on the last day of each month, beginning April 30, 2026. The options were granted at a $1.1200 exercise price and expire on March 31, 2031, under the director compensation program.