SCHEDULE: SKYX Platforms Exec Boosts Stake to 8.7%
Beneficial Ownership Amendment
Rani R. Kohen, a key executive at SKYX Platforms Corp., has increased his beneficial ownership to 8.7% of the company's common stock, including exercisable options.
Summary
- Rani R. Kohen, an executive officer of SKYX Platforms Corp., has amended his Schedule 13D filing to reflect a beneficial ownership of 11,649,970 shares of Common Stock, representing 8.7% of the company's outstanding shares.
- This ownership includes 9,143,969 shares directly held by KRNB Holdings, LLC, of which Mr. Kohen is the sole owner and manager, and 100,000 shares held by a family member.
- The beneficial ownership also accounts for 2,390,000 shares of Common Stock that may be acquired through the exercise of stock options within 60 days of the filing date.
- Mr. Kohen was granted options to purchase 1,500,000 shares of Common Stock at an exercise price of $2.42 per share on December 8, 2025, expiring December 8, 2030, as part of his executive compensation.
- He holds additional options for 3,640,000 shares in total (including the new grant) and performance-based options for 15,000,000 shares with exercise prices ranging from $6.00 to $12.00 per share, which are not exercisable within 60 days.
- The percentage ownership is based on 131,515,108 shares of Common Stock outstanding as of January 26, 2026.
Sentiment
Score: 6
Explanation: The filing indicates increased insider ownership and continued alignment of executive incentives through stock option grants, which is generally a positive signal for investor confidence. However, it is a routine disclosure and does not contain new operational or financial performance information.
Positives
- Increased beneficial ownership by an executive officer, Rani R. Kohen, to 8.7% signals strong insider confidence in SKYX Platforms Corp.
- The grant of new stock options to Mr. Kohen at an exercise price of $2.42 per share aligns management incentives with shareholder value creation.
Negatives
- No explicit negatives are detailed in this beneficial ownership amendment.
Risks
- No specific risks are mentioned in this Schedule 13D amendment.
Future Outlook
The filing does not contain explicit forward-looking statements or guidance regarding the company's future performance or strategy, beyond the existence of performance-based options.
Management Comments
- Mr. Kohen, as the sole owner and manager of KRNB Holdings, LLC, may be deemed to beneficially own [9,143,969 shares].
- Mr. Kohen has the sole power to direct the voting and disposition of the shares of Common Stock and options disclosed as beneficially owned by him.
Industry Context
This filing is a routine disclosure of insider ownership changes and does not provide specific industry context or trends. It reflects an executive's personal stake in the company.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Stock Incentive Plan | Options granted under the Company's Amended and Restated 2021 Stock Incentive Plan and the form of option award agreement under such plan. | 2025-12-08 | Aligns executive compensation with shareholder interests and provides long-term incentives. |
Related Party Transactions
- Rani R. Kohen's beneficial ownership includes 9,143,969 shares held by KRNB Holdings, LLC, of which he is the sole owner and manager.
- Beneficial ownership also includes 100,000 shares held by a family member.
Stakeholder Impact
- Shareholders: Increased insider ownership may be viewed positively, signaling confidence from a key executive. The grant of options ties executive performance to shareholder returns.
- Management/Employees: The grant of stock options to an executive officer serves as a compensation and retention tool, aligning their interests with the company's long-term success.
Next Steps
- Exercise of stock options by Rani R. Kohen, particularly those exercisable within 60 days.
- Potential vesting and exercise of performance-based options in the future.
Key Dates
| Date | Description |
|---|---|
| 2021 | Company's Amended and Restated 2021 Stock Incentive Plan established. |
| 2022-02-15 | Original Statement of Beneficial Ownership on Schedule 13D filed by Rani Kohen. |
| 2023-03-31 | End of quarter for which Form 10-Q was filed, incorporating Form of Nonqualified Stock Option Agreement (2021 Stock Incentive Plan) (April 2023). |
| 2024-07-10 | Date of Current Report on Form 8-K filed with the SEC, incorporating Amended and Restated 2021 Stock Incentive Plan. |
| 2025-11-15 | Date of event which required filing of this statement. |
| 2025-12-08 | Rani R. Kohen was granted options to purchase 1,500,000 shares of Common Stock at an exercise price of $2.42 per share. |
| 2026-01-26 | Date as of which 131,515,108 shares of Common Stock were outstanding, used for percentage ownership calculation. |
| 2026-01-28 | Date of filing of this Amendment No. 4 to Schedule 13D. |
| 2027-01-01 | Expiration date for options to purchase 1,140,000 shares at $12.00 and 1,000,000 shares at $6.00. |
| 2030-12-08 | Expiration date for options to purchase 1,500,000 shares at $2.42 per share. |
Recommendation
holdThis filing is a routine disclosure of an executive's beneficial ownership and recent stock option grants. While increased insider ownership and incentive alignment are generally positive signals, the filing does not contain new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Investors should continue to monitor the company's core business fundamentals.
Keywords
SKYX Platforms Corp, SKYX, Rani R. Kohen, Schedule 13D, Beneficial Ownership, Insider Ownership, Stock Options, Executive Compensation, Common Stock
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