Boston Omaha Corp (BOC) trims Sky Harbour stake with 331,500-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boston Omaha Corporation, a more than 10% owner of Sky Harbour Group Corp, reported an open-market sale of 331,500 shares of Sky Harbour Class A common stock at $9.05 per share. After this transaction, Boston Omaha directly owns 8,666,163 Sky Harbour Class A shares. A wholly owned subsidiary, United Casualty & Surety Insurance Company, holds an additional 2,673,831 Class A shares, and Boston Omaha also continues to own warrants to purchase 7,719,779 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 331,500 shares ($3,000,075)
Net Sell
2 txns
Insider
BOSTON OMAHA Corp
Role
10% Owner
Sold
331,500 shs ($3.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock, par value $0.001 per share | 331,500 | $9.05 | $3.00M |
| holding | Class A common stock, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Class A common stock, par value $0.001 per share — 8,666,163 shares (Direct);
Class A common stock, par value $0.001 per share — 2,673,831 shares (Indirect, See Footnote 1)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 331,500 shares
Sale price: $9.05 per share
Direct SKYH holdings: 8,666,163 shares
+2 more
5 metrics
Shares sold
331,500 shares
Open-market sale of Sky Harbour Class A stock
Sale price
$9.05 per share
Price for the 331,500 Sky Harbour shares sold
Direct SKYH holdings
8,666,163 shares
Sky Harbour Class A shares held directly after sale
Indirect SKYH holdings
2,673,831 shares
Sky Harbour Class A shares held by wholly owned subsidiary
Warrants held
7,719,779 warrants
Warrants to purchase Sky Harbour Class A shares
Key Terms
open-market sale, Class A common stock, warrants, indirect ownership
4 terms
open-market sale financial
"reported an open-market sale of 331,500 shares of Sky Harbour Class A"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A common stock financial
"shares of the Class A common stock of Sky Harbour Group Corporation"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
warrants financial
"continues to own warrants to purchase 7,719,779 shares of Class A common stock"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
indirect ownership financial
"United Casualty & Surety Insurance Company, a wholly-owned subsidiary, owns an additional 2,673,831 shares"
FAQ
What did Boston Omaha Corp (BOC) report in its latest Form 4 for Sky Harbour (SKYH)?
Boston Omaha Corp reported an open-market sale of 331,500 Sky Harbour Class A shares at $9.05 per share. The filing also details Boston Omaha’s remaining direct, indirect, and warrant holdings in Sky Harbour’s Class A common stock.
Does Boston Omaha Corp still have warrants for Sky Harbour (SKYH) stock?
Yes. The footnote states that Boston Omaha Corp continues to own warrants to purchase 7,719,779 shares of Sky Harbour Class A common stock. These warrants represent an additional potential equity position beyond Boston Omaha’s current share holdings.
Is the Sky Harbour (SKYH) Form 4 transaction a buy or a sell by Boston Omaha Corp?
The Form 4 shows an open-market sale by Boston Omaha Corp, coded as a sale (“S”). The transaction involved 331,500 Sky Harbour Class A shares and is classified with a transaction direction of “sell” in the filing data.