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  4. [Form 4] Saker Aviation Services, Inc. Insider Trading Activity

Saker Aviation (SKAS) 10% owner boosts indirect stake to 172,801 shares

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Saker Aviation Services, Inc. insider filings report that entities associated with Howard Timothy Eriksen, a ten percent owner, purchased 5,500 shares of common stock on 2026-08-14 at $5.84 per share in an indirect transaction. Following this purchase, affiliated entities held 172,801 indirectly owned shares, while Eriksen also held 9,678 shares directly. The indirectly owned shares are held by Cedar Creek Partners LLC and managed accounts of Eriksen Capital Management LLC, and Eriksen disclaims beneficial ownership beyond his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Eriksen Howard Timothy, ERIKSEN CAPITAL MANAGEMENT LLC, CEDAR CREEK PARTNERS LLC
Role 10% Owner | 10% Owner | 10% Owner
Bought 5,500 shs ($32K)
Type Security Shares Price Value
Purchase Common stock F1, F2 5,500 $5.84 $32K
holding Common stock -- -- --
Holdings After Transaction: Common stock — 172,801 shares (Indirect, See footnote); Common stock — 9,678 shares (Direct)
Footnotes (2)
  1. F1. Represents 118,668 shares owned by Cedar Creek Partners LLC, an investment partnership, for which Eriksen Capital Management LLC ("ECM") is Managing Member, and 54,133 shares owned by managed accounts of ECM. The respective owners of the managed accounts are responsible to vote the shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  2. F2. This Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen. By virtue of ECM's Investment Advisory Agreement with the clients of ECM, Mr. Eriksen may be deemed to beneficially own the shares owned by Cedar Creek Partners and the managed accounts.
Shares purchased 5,500 shares Common stock purchased on 2026-08-14 in indirect transaction
Purchase price $5.84 per share Price paid for 5,500 common shares on 2026-08-14
Indirect holdings after transaction 172,801 shares Total indirectly owned SKAS common shares following the 2026-08-14 purchase
Direct holdings 9,678 shares Directly owned SKAS common shares as of 2026-08-14 holding entry
Cedar Creek Partners LLC holdings 118,668 shares Portion of indirect holdings owned by Cedar Creek Partners LLC
Managed accounts holdings 54,133 shares Portion of indirect holdings owned by managed accounts of Eriksen Capital Management LLC
ten percent owner regulatory
"reporting person is listed as a ten percent owner"
indirect ownership financial
"shares were acquired in an indirect transaction through associated entities"
managed accounts financial
"shares owned by managed accounts of ECM"
Managed accounts are collections of investments owned by an individual or institution but run day-to-day by a professional who buys, sells and allocates assets according to an agreed plan. They matter to investors because they provide tailored oversight, active risk control and potential tax efficiency—like hiring a personal chef to manage your diet—while fees and the manager’s skill directly affect returns.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest"
investment partnership financial
"Represents shares owned by Cedar Creek Partners LLC, an investment partnership"

FAQ

What insider transaction did SKAS reporting person Howard Timothy Eriksen file on this Form 4?
The filing reports a purchase of 5,500 SKAS common shares on 2026-08-14 at $5.84 per share. The shares were acquired indirectly through entities associated with Eriksen, increasing their indirectly owned position to 172,801 shares.

How many Saker Aviation Services (SKAS) shares does Eriksen indirectly own after this Form 4 transaction?
After the reported transaction, entities associated with Eriksen indirectly own 172,801 SKAS shares. These include 118,668 shares held by Cedar Creek Partners LLC and 54,133 shares held in managed accounts of Eriksen Capital Management LLC.

Does Howard Timothy Eriksen also hold SKAS shares directly, aside from indirect holdings?
Yes. The Form 4 shows a separate direct holding of 9,678 SKAS shares. This direct position is in addition to the 172,801 shares reported as indirectly owned through Cedar Creek Partners LLC and managed accounts of Eriksen Capital Management LLC.

Who actually holds the SKAS shares reported as indirectly owned by Eriksen on this Form 4?
The indirectly owned SKAS shares are held by Cedar Creek Partners LLC and managed accounts of Eriksen Capital Management LLC. Cedar Creek Partners holds 118,668 shares, while ECM’s managed accounts hold 54,133 shares, with Eriksen’s interest limited to his pecuniary stake.

What beneficial ownership disclaimer does Eriksen make in this SKAS Form 4 filing?
The filing states that Eriksen disclaims beneficial ownership of the indirectly held SKAS shares except to the extent of his pecuniary interest. It also notes he may be deemed to beneficially own shares via investment advisory agreements with Cedar Creek Partners and managed accounts.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Eriksen Howard Timothy
(Last)(First)(Middle)
8695 GLENDALE RD
(Street)
CUSTER WASHINGTON 98240
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Saker Aviation Services, Inc. [ SKAS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock08/14/2026P5,500A$5.84172,801I(1)See footnote(2)
Common stock9,678D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Eriksen Howard Timothy
(Last)(First)(Middle)
8695 GLENDALE RD
(Street)
CUSTER WASHINGTON 98240
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
ERIKSEN CAPITAL MANAGEMENT LLC
(Last)(First)(Middle)
8695 GLENDALE RD
(Street)
CUSTER WASHINGTON 98240
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
CEDAR CREEK PARTNERS LLC
(Last)(First)(Middle)
8695 GLENDALE RD
(Street)
CUSTER WASHINGTON 98240
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Represents 118,668 shares owned by Cedar Creek Partners LLC, an investment partnership, for which Eriksen Capital Management LLC ("ECM") is Managing Member, and 54,133 shares owned by managed accounts of ECM. The respective owners of the managed accounts are responsible to vote the shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
2. This Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen. By virtue of ECM's Investment Advisory Agreement with the clients of ECM, Mr. Eriksen may be deemed to beneficially own the shares owned by Cedar Creek Partners and the managed accounts.
/s/ Tim Eriksen08/17/2026
/s/ Tim Eriksen on behalf of Eriksen Capital Management LLC08/17/2026
/s/ Tim Eriksen on behalf of Cedar Creek Partners LLC08/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR