DMRC Director Buys 615 Shares at $13.21 鈥� Insider Filing

Q: How many Digimarc (DMRC) shares did Sheila C. Cheston buy?

The Form 4 states she acquired 615 common shares.

Q: At what price were the DMRC shares purchased?

The reported purchase price was $13.21 per share.

Q: What is Sheila C. Cheston鈥檚 total DMRC shareholding after the transaction?

Her direct ownership increased to 19,245 shares.

Q: Were any Digimarc derivative securities involved in this Form 4?

No, the filing lists no derivative security transactions.

Q: Does the filing indicate a Rule 10b5-1 trading plan?

The checkbox for Rule 10b5-1 was not marked, so the trade was not under a pre-arranged plan.

[Form 4] SKYX Platforms Corp. Insider Trading Activity

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Digimarc Corporation (DMRC) filed a Form 4 disclosing that director Sheila C. Cheston acquired 615 shares of common stock on July 1, 2025 at a price of $13.21 per share. Following the purchase, her direct holdings stand at 19,245 shares. No sales or derivative-security transactions were reported, and the filing was submitted individually rather than jointly. While the dollar value of the transaction is modest (about $8,100), the filing demonstrates incremental insider buying and maintains the director鈥檚 equity alignment with shareholders.

Insights

TL;DR: Small insider buy; signals confidence but immaterial to valuation.

The Form 4 shows Director Sheila C. Cheston added 615 DMRC shares at $13.21, lifting her stake to 19,245 shares. The purchase represents an incremental ~3.3% increase in her personal holdings and a negligible fraction of Digimarc鈥檚 outstanding shares. No derivatives were involved, and there were no simultaneous sales, which removes mixed-signal concerns. From a market perspective, the dollar size is too small to alter the company鈥檚 ownership structure or liquidity profile, so the filing is neutral in impact, though mildly encouraging for sentiment.

07/01/2025 - 04:45 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schmidt Steven Mark

(Last)

(First)

(Middle)

C/O SKYX PLATFORMS CORP.

2855 W. MCNAB ROAD

(Street)

POMPANO BEACH

30069

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SKYX Platforms Corp. [ SKYX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, no par value	06/30/2025		F		5,928⁽¹⁾	D	$1.2	490,348⁽⁶⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$12							⁽²⁾	06/01/2026	Common Stock, no par value	100,000		100,000	D
Stock Option (right to buy)	$0.9							12/20/2024⁽³⁾	09/15/2029	Common Stock, no par value	250,000		250,000	D
Stock Option (right to buy)	$1.09							01/01/2025⁽⁴⁾	12/15/2029	Common Stock, no par value	100,000		100,000	D
Series A-1 Preferred Stock	⁽⁵⁾							⁽⁵⁾	⁽⁵⁾	Common Stock, no par value	250,000⁽⁵⁾		20,000	D

Explanation of Responses:

1. The reporting person has elected to satisfy his tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") by directing the issuer to withhold shares otherwise issuable upon vesting of the grants.

2. These options were granted on June 1, 2021 and vested in four equal annual installments of 25,000 shares beginning on the date of grant.

3. These options vest as follows, subject to continued employment through the vesting date: 10,000 vested on December 20, 2024, and the remaining 240,000 vest in equal quarterly installments of 20,000 beginning December 31, 2024.

4. These options vest in two equal annual installments, beginning on January 1, 2025, subject to continued employment through the vesting date.

5. The Series A-1 Preferred Stock (the "Preferred Stock") has an original issue price of $25.00 per share and is convertible at any time, at the holder's option, into shares of the issuer's common stock at an initial conversion price of $2.00 per share (or 12.5 shares of common stock for each share of Preferred Stock), subject to adjustment provisions (including certain anti-dilution provisions) and a minimum conversion price of $1.20 per share. Until October 4, 2026, the Preferred Stock is subject to mandatory conversion by the issuer upon the occurrence of certain specified events. In addition, the issuer may redeem the Preferred Stock for cash upon the occurrence of certain events or at any time beginning October 4, 2027. The Preferred Stock has no expiration date.

6. Includes 230,000 RSUs, which vest as follows, subject to continued employment through the vesting date: (i) 180,000 vest in equal quarterly installments of 20,000 beginning September 30, 2025, and (ii) 50,000 vest on January 1, 2026.

	/s/ Marc-Andre Boisseau for Steven Mark Schmidt by Power of Attorney	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How many Digimarc (DMRC) shares did Sheila C. Cheston buy?

The Form 4 states she acquired 615 common shares.

At what price were the DMRC shares purchased?

The reported purchase price was $13.21 per share.

What is Sheila C. Cheston鈥檚 total DMRC shareholding after the transaction?

Her direct ownership increased to 19,245 shares.

Were any Digimarc derivative securities involved in this Form 4?

No, the filing lists no derivative security transactions.

Does the filing indicate a Rule 10b5-1 trading plan?

The checkbox for Rule 10b5-1 was not marked, so the trade was not under a pre-arranged plan.

AG真人官方

[Form 4] SKYX Platforms Corp. Insider Trading Activity

Insights

FAQ

How many Digimarc (DMRC) shares did Sheila C. Cheston buy?

At what price were the DMRC shares purchased?

What is Sheila C. Cheston鈥檚 total DMRC shareholding after the transaction?

Were any Digimarc derivative securities involved in this Form 4?

Does the filing indicate a Rule 10b5-1 trading plan?

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[Form 4] SKYX Platforms Corp. Insider Trading Activity

Insights

Securities Analyst neutral

FAQ

How many Digimarc (DMRC) shares did Sheila C. Cheston buy?

At what price were the DMRC shares purchased?

What is Sheila C. Cheston鈥檚 total DMRC shareholding after the transaction?

Were any Digimarc derivative securities involved in this Form 4?

Does the filing indicate a Rule 10b5-1 trading plan?

NASDAQ:SKYX

SKYX Rankings

SKYX Latest News

SKYX Stock Data