Punit S. Dhillon - 31 Mar 2026 Form 4 Insider Report for Skye Bioscience, Inc. (SKYE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Apr 2026, 18:06:22 UTC
Prior SEC filing
09 Feb 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Punit S. Dhillon

Key filing fact

Punit S. Dhillon filed Form 4 for Skye Bioscience, Inc. (SKYE) on 02 Apr 2026.

Key facts

  • This page summarizes Punit S. Dhillon's Form 4 filing for Skye Bioscience, Inc. (SKYE).
  • 14 reported transactions and 14 derivative rows are listed below.
  • Accepted by SEC: 02 Apr 2026, 18:06.

Change

  • Previous filing in this sequence was filed on 09 Feb 2026.
  • Current net transaction value: $0.

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 0001425052 Primary reporting owner

DHILLON PUNIT

Relationship
Chief Executive Officer, Director
Address
11250 EL CAMINO REAL, SUITE 100, C/O SKYE BIOSCIENCE, INC., SAN DIEGO
Signature
/s/ Punit S. Dhillon
Signature date
02 Apr 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SKYE transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+250,000
Change %
Price
Shares after
250,000
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
250,000
Exercise price
$0.6150
Footnotes
F1, F2, F3
SKYE transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-250,000
Change %
-100%
Price
Shares after
0
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
250,000
Exercise price
$2.89
Footnotes
F2, F3
SKYE transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+36,000
Change %
Price
Shares after
36,000
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,000
Exercise price
$0.6150
Footnotes
F1, F2, F3
SKYE transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-36,000
Change %
-100%
Price
Shares after
0
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,000
Exercise price
$11.25
Footnotes
F2, F3
SKYE transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+12,360
Change %
Price
Shares after
12,360
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,360
Exercise price
$0.6150
Footnotes
F1, F2, F3
SKYE transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-12,360
Change %
-100%
Price
Shares after
0
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,360
Exercise price
$14.50
Footnotes
F2, F3
SKYE transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+650,000
Change %
Price
Shares after
650,000
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
650,000
Exercise price
$0.6150
Footnotes
F1, F3, F4
SKYE transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-650,000
Change %
-100%
Price
Shares after
0
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
650,000
Exercise price
$5.15
Footnotes
F3, F4
SKYE transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+125,000
Change %
Price
Shares after
125,000
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
125,000
Exercise price
$0.6150
Footnotes
F1, F3, F5
SKYE transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-125,000
Change %
-100%
Price
Shares after
0
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
125,000
Exercise price
$14.56
Footnotes
F3, F5
SKYE transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+9,013
Change %
Price
Shares after
9,013
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,013
Exercise price
$0.6150
Footnotes
F1, F3, F6
SKYE transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-9,013
Change %
-100%
Price
Shares after
0
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,013
Exercise price
$3.50
Footnotes
F3, F6
SKYE transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+21,586
Change %
Price
Shares after
21,586
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,586
Exercise price
$0.6150
Footnotes
F1, F3, F7
SKYE transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-21,586
Change %
-100%
Price
Shares after
0
Date
31 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,586
Exercise price
$3.50
Footnotes
F3, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The exercise price of the stock option is $0.615 per share, representing the closing price of the Issuer's common stock on the date of the repricing.

Footnote F2

The stock option is fully vested.

Footnote F3

On March 31, 2026, the board of directors of the Issuer approved the one-time repricing of the stock option effective as of March 31, 2026. Except as described in footnote 1, all other terms of the stock option remain unchanged.

Footnote F4

The stock option vests in equal monthly installments over the four year period beginning October 28, 2024. The grant date for the stock option is October 27, 2024. Upon a change of control of the Issuer, 100% of the stock option will become fully vested.

Footnote F5

The stock option vests in equal monthly installments over the four year period beginning February 29, 2024. The grant date for the stock option is March 1, 2024. Upon a change in control of the Issuer, 100% of the stock options will become fully vested.

Footnote F6

The stock option vests in equal monthly installments over the four year period beginning August 24, 2023. The grant date for the stock option is November 6, 2023. Upon a change in control of the Issuer, 100% of the stock option will become fully vested

Footnote F7

The stock option vests in equal monthly installments over the four year period beginning August 24, 2023. The grant date for the stock option is August 25, 2023. Upon a change in control of the Issuer, 100% of the stock option will become fully vested.

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