Eriksen Capital reveals 13.3% Saker Aviation (SKAS) stake across multiple entities

Rhea-AI Filing Summary

Eriksen Capital Management LLC, through various related accounts and entities, reports beneficial ownership of 132,551 common shares of Saker Aviation Services, Inc., representing 13.3% of the outstanding common stock.

The holdings include 59,728 shares held by Cedar Creek Partners LLC, 52,033 shares in separately managed accounts run by Eriksen Capital Management, 12,236 shares held by Solitron Devices Inc., and 8,554 shares held directly by Tim Eriksen. Eriksen has sole voting power over 80,518 shares and sole dispositive power over all 132,551 shares, with no shared voting or dispositive power reported.

Insights

Equity ownership and governance analyst

Eriksen Capital emerges as a 13.3% holder in Saker Aviation.

Eriksen Capital Management LLC reports beneficial ownership of 132,551 Saker Aviation common shares, equal to 13.3% of the class. The stake is spread across a fund (Cedar Creek Partners), separately managed accounts, Solitron Devices Inc., and Tim Eriksen personally.

The filing shows sole voting power over 80,518 shares and sole dispositive power over all 132,551 shares, with no shared authority. This indicates centralized decision-making on voting and disposition within the Eriksen-managed structure, even though the shares are held across multiple vehicles.

Because this is a Schedule 13G/A rather than 13D, it follows the framework typically used for passive ownership reporting. Future ownership updates, if any, would appear in subsequent beneficial ownership filings when thresholds or reporting triggers are met.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Saker Aviation Services, Inc.

(Name of Issuer)

Common Shares, par value $0.03 per share

(Title of Class of Securities)

32025R104

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 32025R104

1

Names of Reporting Persons

Eriksen Capital Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 80,518.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 132,551.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

132,551.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Saker Aviation Services, Inc.
(b)	Address of issuer's principal executive offices: 20 South Street Pier 6 East River New York, NY, 10004
Item 2.
(a)	Name of person filing: Tim Eriksen of Eriksen Capital Management LLC
(b)	Address or principal business office or, if none, residence: 8695 Glendale Rd. Custer, WA 98240
(c)	Citizenship: United States
(d)	Title of class of securities: Common Shares, par value $0.03 per share
(e)	CUSIP No.: 32025R104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 132,551 shares, including (i) 59,728 shares held by Cedar Creek Partners LLC, a private investment partnership managed by the reporting person; (ii) 52,033 shares in separately managed accounts managed by Eriksen Capital Management; (iii) 12,236 shares held by Solitron Devices Inc.; and (iv) 8,554 shares held by Tim Eriksen.
(b)	Percent of class: 13.3%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 80,518
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 132,551
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Eriksen Capital Management LLC

Signature:	Tim Eriksen
Name/Title:	Tim Eriksen / Managing Member
Date:	02/03/2026

FAQ

How many Saker Aviation (SKAS) shares does Eriksen Capital beneficially own?

Eriksen Capital Management LLC reports beneficial ownership of 132,551 Saker Aviation common shares. These holdings are spread across Cedar Creek Partners LLC, separately managed accounts, Solitron Devices Inc., and shares held directly by Tim Eriksen, forming a significant disclosed position.

What percentage of Saker Aviation (SKAS) does Eriksen Capital’s stake represent?

Eriksen Capital’s reported position represents 13.3% of Saker Aviation’s common stock. This percentage reflects the total of 132,551 beneficially owned shares relative to the company’s outstanding common shares, making Eriksen a notable shareholder above the 5% disclosure threshold.

How is Eriksen Capital’s Saker Aviation (SKAS) stake allocated across entities?

The 132,551 shares include 59,728 held by Cedar Creek Partners LLC, 52,033 in separately managed accounts, 12,236 held by Solitron Devices Inc., and 8,554 held directly by Tim Eriksen. All are aggregated under Eriksen Capital’s beneficial ownership reporting.

What voting power does Eriksen Capital report in Saker Aviation (SKAS)?

Eriksen Capital reports sole voting power over 80,518 Saker Aviation common shares. It reports no shared voting power, indicating that voting decisions for those 80,518 shares are controlled solely by Eriksen or its managing personnel under the disclosed structure.

What dispositive power does Eriksen Capital have over its Saker Aviation (SKAS) shares?

Eriksen Capital reports sole dispositive power over all 132,551 Saker Aviation shares and no shared dispositive power. This means Eriksen controls how and when those shares may be sold or otherwise disposed of within the reporting entities.

Who is the reporting person for this Saker Aviation (SKAS) Schedule 13G/A filing?

The filing identifies Tim Eriksen of Eriksen Capital Management LLC as the reporting person. The address provided is 8695 Glendale Rd., Custer, Washington, and the report covers beneficial ownership in Saker Aviation’s common shares with a par value of $0.03 per share.