Andrew J. Schwab - 21 Aug 2025 Form 4 Insider Report for Skye Bioscience, Inc. (SKYE)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: SKYE
Reported as of: 21 Aug 2025
Net transaction value: -$800,548
SEC form: 4
Accepted by SEC: 22 Aug 2025, 19:07:28 UTC
Prior SEC filing: 27 Jun 2025
Next SEC filing: 15 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Andrew J. Schwab

Key filing fact

Andrew J. Schwab filed Form 4 for Skye Bioscience, Inc. (SKYE) on 22 Aug 2025.

Key facts

This page summarizes Andrew J. Schwab's Form 4 filing for Skye Bioscience, Inc. (SKYE).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 22 Aug 2025, 19:07.

Change

Previous filing in this sequence was filed on 27 Jun 2025.
Current net transaction value: -$800,548.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001598549 Primary reporting owner

Schwab Andrew J.

Relationship: Director, 10%+ Owner
Address: C/O 5AM VENTURE MANAGEMENT, LLC, 4 EMBARCADERO CENTER, SUITE 3110, SAN FRANCISCO
Signature: /s/ Andrew J. Schwab
Signature date: 22 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SKYE transaction

Common Stock

Sale

Transaction value: $209,352
Shares: -58,642
Change %: -3.5%
Price: $3.57
Shares after: 1,621,043
Date: 21 Aug 2025
Ownership: By 5AM Ventures II, L.P.
Footnotes: F1, F2

SKYE transaction

Common Stock

Sale

Transaction value: $8,261
Shares: -2,314
Change %: -3.5%
Price: $3.57
Shares after: 63,963
Date: 21 Aug 2025
Ownership: By 5AM Co-Investors II, L.P.
Footnotes: F1, F3

SKYE transaction

Common Stock

Sale

Transaction value: $560,808
Shares: -163,979
Change %: -10%
Price: $3.42
Shares after: 1,457,064
Date: 22 Aug 2025
Ownership: By 5AM Ventures II, L.P.
Footnotes: F2, F4

SKYE transaction

Common Stock

Sale

Transaction value: $22,127
Shares: -6,470
Change %: -10%
Price: $3.42
Shares after: 57,493
Date: 22 Aug 2025
Ownership: By 5AM Co-Investors II, L.P.
Footnotes: F3, F4

SKYE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,167,206
Date: 21 Aug 2025
Ownership: By 5AM Ventures VII, L.P.
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.55 to $3.69 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F2

The securities are directly held by 5AM Ventures II, L.P. ("Ventures II"). 5AM Partners II, LLC ("Partners II") is the sole general partner of Ventures II. The Reporting Person is a managing member of Partners II and may be deemed to have shared voting and investment power over the shares beneficially owned by Ventures II. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Footnote F3

The securities are directly held by 5AM Co-Investors II, L.P. ("Co-Investors II"). Partners II is the sole general partner of Co-Investors II. The Reporting Person is a managing member of Partners II and may be deemed to have shared voting and investment power over the shares beneficially owned by Co-Investors II. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.30 to $3.59 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F5

The securities are directly held by 5AM Ventures VII, L.P. ("Ventures VII"). 5AM Partners VII, LLC ("Partners VII") is the sole general partner of Ventures VII. The Reporting Person is a managing member of Partners VII and may be deemed to have shared voting and investment power over the shares beneficially owned by Ventures VII. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.