SKYX Platforms Corp. (SKYX) details 1.5M option grant and bonus awards
Rhea-AI Filing Summary
SKYX Platforms Corp. reported an insider equity award for Executive Chairman, director and 10% owner Ran Roland Kohen. On 12/08/2025 he received a stock option to buy 1,500,000 shares of common stock at an exercise price of $2.42 per share, vesting in six equal quarterly installments of 250,000 shares beginning on December 31, 2025, subject to continued employment, and expiring on December 8, 2030. After the reported transactions, he beneficially owns 16,001 shares directly, 9,143,969 shares indirectly through KRNB Holdings LLC, and 100,000 shares indirectly through family. The filing also lists option awards, including fully exercisable options and supplemental bonus options tied to the company reaching specified market capitalizations up to $30.0 billion, with exercise prices of $6.00, $7.00, $8.00 and $12.00 per share.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did SKYX (SKYX) report for Ran Roland Kohen?
The company reported that Executive Chairman, director and 10% owner Ran Roland Kohen received a stock option on 12/08/2025 to purchase 1,500,000 shares of SKYX common stock at an exercise price of $2.42 per share.
How do the newly granted $2.42 stock options for SKYX vest?
The newly granted option to buy 1,500,000 shares at $2.42 vests in six equal quarterly installments of 250,000 shares beginning on December 31, 2025, subject to Mr. Kohen’s continued employment through each vesting date. The option expires on December 8, 2030.
How many SKYX shares does Ran Roland Kohen beneficially own after this filing?
After the reported transactions, Ran Roland Kohen beneficially owns 16,001 shares of SKYX common stock directly, 9,143,969 shares indirectly through KRNB Holdings LLC, and 100,000 shares indirectly through family.
What is KRNB Holdings LLC’s role in Ran Roland Kohen’s SKYX ownership?
KRNB Holdings LLC holds 9,143,969 shares of SKYX common stock, and the filing notes that Ran Roland Kohen is the sole owner and manager of KRNB Holdings LLC, giving him indirect beneficial ownership of those shares.
What performance-based stock options tied to SKYX market capitalization does Ran Roland Kohen have?
Under a chairman agreement, Mr. Kohen has supplemental bonus options that become available upon SKYX achieving specified market capitalizations. These include options to purchase 500,000 shares at an exercise price of $6.00 per share upon reaching each of $1.5 billion and $2.0 billion, options at $7.00 per share for milestones at $3.0 billion, $4.0 billion, $5.0 billion and $6.0 billion, and options at $8.00 per share for milestones at $7.0 billion, $8.0 billion, $9.0 billion and $10.0 billion.
What additional valuation-based $12.00 stock option awards are described for SKYX?
The chairman agreement also provides that if SKYX achieves a $10.0 billion valuation, then for each additional $1.0 billion valuation increase up to $30.0 billion, Mr. Kohen has options to purchase 500,000 shares at an exercise price of $12.00 per share, subject to continued service through the applicable vesting dates. The table shows 10,000,000 such derivative securities beneficially owned.