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SKYX Platforms Corp. Director's Dealing 2026

Jan 5, 2026

33953_dirs_2026-01-05_30147b49-da23-4da1-8e41-99734c9056c6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYX Platforms Corp. (SKYX)
CIK: 0001598981
Period of Report: 2025-12-30

Reporting Person: Shiff Dov (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-12-31 Common Stock, no par value A 14423 $2.08 Acquired 1507952 Direct
2025-12-31 Common Stock, no par value C 379955 $2.20 Acquired 379955 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-12-30 6.0% Subordinated Convertible Promissory Note $15 D Disposed 2023-11-03 Common Stock, no par value () Indirect
2025-12-30 Subordinated Convertible Promissory Note $2.20 A Acquired 2027-05-01 Common Stock, no par value () Indirect
2025-12-31 Subordinated Convertible Promissory Note $2.20 C Disposed 2027-05-01 Common Stock, no par value (379955) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, no par value 13274618 Indirect
Common Stock, no par value 235712 Indirect
Common Stock, no par value 40000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $12 2026-12-31 Common Stock, no par value (25000) 25000 Direct
Stock Option (right to buy) $12.34 2027-03-11 Common Stock, no par value (5000) 5000 Direct
Stock Option (right to buy) $3.28 2028-04-05 Common Stock, no par value (5000) 5000 Direct
Stock Option (right to buy) $1.09 2029-04-04 Common Stock, no par value (5000) 5000 Direct
Stock Option (right to buy) $1.26 2030-03-27 Common Stock, no par value (5000) 5000 Direct

Footnotes

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.