Dov Shiff - 30 Dec 2025 Form 4 Insider Report for SKYX Platforms Corp. (SKYX)

Signature
/s/ Dov Shiff
Issuer symbol
SKYX
Transactions as of
30 Dec 2025
Net transactions value
+$30,001
Form type
4
Filing time
05 Jan 2026, 17:00:35 UTC
Previous filing
02 Apr 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shiff Dov Director, 10%+ Owner C/O SKYX PLATFORMS CORP., 2855 W. MCNAB ROAD, POMPANO BEACH /s/ Dov Shiff 02 Jan 2026 0001630761

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYX Common Stock, no par value Award $30,000 +14,423 +0.97% $2.08 1,507,952 31 Dec 2025 Direct F10
transaction SKYX Common Stock, no par value Conversion of derivative security $835,901 +379,955 $2.20 379,955 31 Dec 2025 By SGI F1, F7
holding SKYX Common Stock, no par value 13,274,618 30 Dec 2025 By DZDLUX s.a.r.l. F2
holding SKYX Common Stock, no par value 235,712 30 Dec 2025 By Shiff Group Assets F3
holding SKYX Common Stock, no par value 40,000 30 Dec 2025 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SKYX 6.0% Subordinated Convertible Promissory Note Disposed to Issuer $600,000 $0 30 Dec 2025 Common Stock, no par value $600,000 $15.00 By SGI F1, F4, F5, F6
transaction SKYX Subordinated Convertible Promissory Note Award $600,000 $600,000 30 Dec 2025 Common Stock, no par value $600,000 $2.20 By SGI F1, F4, F5, F6
transaction SKYX Subordinated Convertible Promissory Note Conversion of derivative security $835,900 0 31 Dec 2025 Common Stock, no par value 379,955 $2.20 By SGI F1, F5, F7, F8
holding SKYX Stock Option (right to buy) 25,000 30 Dec 2025 Common Stock, no par value 25,000 $12.00 Direct
holding SKYX Stock Option (right to buy) 5,000 30 Dec 2025 Common Stock, no par value 5,000 $12.34 Direct
holding SKYX Stock Option (right to buy) 5,000 30 Dec 2025 Common Stock, no par value 5,000 $3.28 Direct
holding SKYX Stock Option (right to buy) 5,000 30 Dec 2025 Common Stock, no par value 5,000 $1.09 Direct
holding SKYX Stock Option (right to buy) 5,000 30 Dec 2025 Common Stock, no par value 5,000 $1.26 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These securities are owned by DZDLUX s.a.r.l., of which the reporting person is a controlling person.
F3 These securities are owned by Shiff Group Assets Ltd., of which the reporting person is a controlling person.
F4 On December 30, 2025, the issuer and SGI entered into an amendment to the 6.0% subordinated convertible promissory note (the "Amendment") in order to, among other things, extend the maturity date of the note to May 1, 2027, increase the interest rate from 6.0% per annum to 10.0% per annum, effective as of January 1, 2024, and change the common stock conversion price from $15.00 per share to $2.20 per share. The Amendment is effective as of the original maturity date of the note and resulted in the cancellation of the "old" convertible note and the acquisition of a "new" convertible note. The issuer's Board of Directors approved the Amendment.
F5 Prior to the Amendment, the principal amount, plus any accrued and unpaid interest, was convertible into shares of common stock at any time on or prior to the maturity date at the holder's discretion at the conversion price of $15.00 per share. Following the Amendment, the principal amount, plus any accrued and unpaid interest, was convertible into shares of common stock at any time on or prior to the maturity date at the holder's discretion at the conversion price of $2.20 per share.
F6 Represents the principal amount of the subordinated convertible promissory note and excludes interest that may have accrued. Beginning January 1, 2024, the note accrued interest at a rate of 10.0% per annum, which was payable annually, in cash or common stock, at the holder's discretion. Prior to such date, the note accrued interest at a rate of 6.0% per annum.
F7 On December 31, 2025, SGI elected to convert the principal amount of the subordinated convertible promissory note, plus all accrued interest, into shares of common stock.
F8 Represents the outstanding principal amount of the subordinated convertible promissory note that was converted into shares of common stock, plus accrued interest that was paid in shares of common stock.
F9 Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted.
F10 The reporting person has elected to receive shares of the issuer's common stock in lieu of the cash retainer payable for service on the issuer's board of directors, pursuant to the non-employee director compensation program.