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[8-K] Sky Harbour Group Corporation Reports Material Event

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8-K
Rhea-AI Filing Summary

Sky Harbour Group Corporation filed an 8-K reporting two items: it furnished a press release and an investor presentation announcing financial results for the three and six months ended June 30, 2025, and it disclosed the departure of its Chief Operating Officer, Willard Whitesell. The company says the press release and presentation are furnished as Exhibits 99.1 and 99.2 and are summary information to be read with its SEC filings.

In connection with Mr. Whitesell's departure effective August 8, 2025, the company entered a Separation Agreement providing that all unvested restricted stock units (RSUs) will become fully vested as of the Separation Date and will be delivered in shares on a pro rata monthly basis under the original four-year vesting schedule. The filing states the departure was mutual and not due to any disagreement with the company.

Sky Harbour Group Corporation ha depositato un 8-K segnalando due elementi: ha fornito un comunicato stampa e una presentazione per gli investitori che annunciano i risultati finanziari per i tre e sei mesi terminati il 30 giugno 2025, e ha reso nota la partenza del suo Chief Operating Officer, Willard Whitesell. La società dichiara che il comunicato e la presentazione sono forniti come Allegati 99.1 e 99.2 e costituiscono informazioni riepilogative da leggere con le sue comunicazioni alla SEC.

In relazione alla partenza di Mr. Whitesell, effettiva dall'8 agosto 2025, la società ha stipulato un Accordo di Separazione che prevede che tutte le restricted stock unit (RSU) non maturate diventeranno pienamente maturate alla Data di Separazione e saranno consegnate in azioni su base mensile prorata secondo il programma di maturazione originario di quattro anni. Il deposito afferma che la separazione è stata consensuale e non dovuta a disaccordi con la società.

Sky Harbour Group Corporation presentó un 8-K informando dos puntos: facilitó un comunicado de prensa y una presentación para inversores anunciando los resultados financieros de los tres y seis meses terminados el 30 de junio de 2025, y divulgó la salida de su Chief Operating Officer, Willard Whitesell. La compañía indica que el comunicado y la presentación se proporcionan como Anexos 99.1 y 99.2 y son información resumida que debe leerse junto con sus presentaciones ante la SEC.

En relación con la salida de Mr. Whitesell, con efecto el 8 de agosto de 2025, la compañía suscribió un Acuerdo de Separación que establece que todas las unidades de acciones restringidas (RSU) no devengadas pasarán a estar totalmente devengadas en la Fecha de Separación y se entregarán en acciones de forma prorrata mensual según el cronograma de adquisición original de cuatro años. La presentación indica que la salida fue mutua y no se debió a desacuerdos con la compañía.

Sky Harbour Group Corporation은 8-K를 제출하여 두 가지 사항을 보고했습니다: 회사는 2025년 6월 30일로 마감된 3개월 및 6개월 재무실적을 발표하는 보도자료투자자 프레젠테이션을 제공했으며, 최고운영책임자(Chief Operating Officer) 윌라드 화이트셀(Willard Whitesell)의 퇴임을 공시했습니다. 회사는 보도자료와 프레젠테이션을 Exhibit 99.1 및 99.2로 제출했으며, 이는 SEC 제출서류와 함께 읽어야 하는 요약 정보라고 밝혔습니다.

화이트셀의 퇴임은 2025년 8월 8일부로 효력이 발생하며, 회사는 Separation Agreement(분리 합의서)를 체결해 모든 미확정 제한주식단위(RSU)는 Separation Date에 전부 권리확정(fully vested)된다고 규정했고, 주식은 원래의 4년 권리확정 일정에 따라 매월 비례 배분 방식으로 지급됩니다. 제출서류는 이번 퇴임이 상호 합의에 따른 것이며 회사와의 불화 때문이 아님을 명시했습니다.

Sky Harbour Group Corporation a déposé un formulaire 8-K faisant état de deux éléments : elle a fourni un communiqué de presse et une présentation aux investisseurs annonçant les résultats financiers pour les trois et six mois clos le 30 juin 2025, et a annoncé le départ de son Chief Operating Officer, Willard Whitesell. La société indique que le communiqué et la présentation sont fournis en tant qu'Exhibits 99.1 et 99.2 et constituent des informations résumées à lire conjointement avec ses dépôts auprès de la SEC.

En lien avec le départ de M. Whitesell, effectif au 8 août 2025, la société a conclu un Accord de Séparation prévoyant que toutes les unités d'actions restreintes (RSU) non acquises deviendront intégralement acquises à la Date de Séparation et seront délivrées en actions au prorata mensuel selon le calendrier d'acquisition initial de quatre ans. Le dossier précise que le départ a été mutuel et n'est pas dû à un désaccord avec la société.

Sky Harbour Group Corporation hat ein Formular 8-K eingereicht, in dem zwei Punkte gemeldet werden: Sie hat eine Pressemitteilung und eine Investorenpräsentation vorgelegt, die die Finanzergebnisse für die drei und sechs Monate zum 30. Juni 2025 ankündigen, und den Weggang ihres Chief Operating Officer, Willard Whitesell, bekanntgegeben. Das Unternehmen erklärt, dass die Pressemitteilung und die Präsentation als Anlagen 99.1 und 99.2 eingereicht werden und zusammen mit seinen SEC-Unterlagen als zusammenfassende Informationen zu lesen sind.

Im Zusammenhang mit dem Ausscheiden von Mr. Whitesell, wirksam zum 8. August 2025, hat das Unternehmen eine Trennungsvereinbarung (Separation Agreement) geschlossen, die vorsieht, dass alle noch nicht unverfallbaren Restricted Stock Units (RSUs) am Separation Date vollständig unverfallbar werden und anteilig monatlich in Aktien nach dem ursprünglichen vierjährigen Vesting-Zeitplan ausgezahlt werden. Die Einreichung besagt, dass das Ausscheiden einvernehmlich war und nicht auf eine Meinungsverschiedenheit mit dem Unternehmen zurückzuführen ist.

Positive
  • Press release and investor presentation furnished announcing results for the three- and six-month periods ended June 30, 2025, improving transparency
  • Departure described as mutual and not due to disagreement, which may reduce governance concern about management conflict
  • Separation Agreement includes transition assistance, indicating an orderly handover
Negative
  • All unvested RSUs will become fully vested as of August 8, 2025 and will be delivered in shares, which may increase share issuance (quantity not disclosed)
  • The 8-K text contains no financial figures; investors must consult Exhibits 99.1 and 99.2 for the announced results
  • No quantitative disclosure of RSU counts or estimated expense is provided, preventing assessment of dilution or earnings impact

Insights

TL;DR: Disclosure supplies investor materials and notes COO exit with full RSU vesting; no financial figures are included in the 8-K text.

The company furnished a press release and investor presentation reporting results for the three- and six-month periods ended June 30, 2025, but the 8-K itself contains no operating or financial numbers. The separation of the COO, effective August 8, 2025, includes a Separation Agreement that accelerates vesting of all unvested RSUs and provides for share delivery on a pro rata monthly basis under the original four-year schedule. Because the filing lacks numeric financial detail and does not quantify the outstanding RSUs, material impact on EPS or share count cannot be determined from this document alone.

TL;DR: Executive departure described as mutual; accelerated equity vesting raises governance and disclosure considerations.

The 8-K frames the COO departure as a mutual agreement and explicitly states it was not due to disagreement over performance or company matters. The Separation Agreement grants full vesting of all unvested RSUs as of the Separation Date with share delivery tied to the original vesting cadence. This is a significant compensation-related action that the company has disclosed; however, the filing does not provide the number of RSUs, grant dates, or expected share issuance schedule by quantity, limiting assessment of governance, dilution, or expense implications from the disclosure alone.

Sky Harbour Group Corporation ha depositato un 8-K segnalando due elementi: ha fornito un comunicato stampa e una presentazione per gli investitori che annunciano i risultati finanziari per i tre e sei mesi terminati il 30 giugno 2025, e ha reso nota la partenza del suo Chief Operating Officer, Willard Whitesell. La società dichiara che il comunicato e la presentazione sono forniti come Allegati 99.1 e 99.2 e costituiscono informazioni riepilogative da leggere con le sue comunicazioni alla SEC.

In relazione alla partenza di Mr. Whitesell, effettiva dall'8 agosto 2025, la società ha stipulato un Accordo di Separazione che prevede che tutte le restricted stock unit (RSU) non maturate diventeranno pienamente maturate alla Data di Separazione e saranno consegnate in azioni su base mensile prorata secondo il programma di maturazione originario di quattro anni. Il deposito afferma che la separazione è stata consensuale e non dovuta a disaccordi con la società.

Sky Harbour Group Corporation presentó un 8-K informando dos puntos: facilitó un comunicado de prensa y una presentación para inversores anunciando los resultados financieros de los tres y seis meses terminados el 30 de junio de 2025, y divulgó la salida de su Chief Operating Officer, Willard Whitesell. La compañía indica que el comunicado y la presentación se proporcionan como Anexos 99.1 y 99.2 y son información resumida que debe leerse junto con sus presentaciones ante la SEC.

En relación con la salida de Mr. Whitesell, con efecto el 8 de agosto de 2025, la compañía suscribió un Acuerdo de Separación que establece que todas las unidades de acciones restringidas (RSU) no devengadas pasarán a estar totalmente devengadas en la Fecha de Separación y se entregarán en acciones de forma prorrata mensual según el cronograma de adquisición original de cuatro años. La presentación indica que la salida fue mutua y no se debió a desacuerdos con la compañía.

Sky Harbour Group Corporation은 8-K를 제출하여 두 가지 사항을 보고했습니다: 회사는 2025년 6월 30일로 마감된 3개월 및 6개월 재무실적을 발표하는 보도자료투자자 프레젠테이션을 제공했으며, 최고운영책임자(Chief Operating Officer) 윌라드 화이트셀(Willard Whitesell)의 퇴임을 공시했습니다. 회사는 보도자료와 프레젠테이션을 Exhibit 99.1 및 99.2로 제출했으며, 이는 SEC 제출서류와 함께 읽어야 하는 요약 정보라고 밝혔습니다.

화이트셀의 퇴임은 2025년 8월 8일부로 효력이 발생하며, 회사는 Separation Agreement(분리 합의서)를 체결해 모든 미확정 제한주식단위(RSU)는 Separation Date에 전부 권리확정(fully vested)된다고 규정했고, 주식은 원래의 4년 권리확정 일정에 따라 매월 비례 배분 방식으로 지급됩니다. 제출서류는 이번 퇴임이 상호 합의에 따른 것이며 회사와의 불화 때문이 아님을 명시했습니다.

Sky Harbour Group Corporation a déposé un formulaire 8-K faisant état de deux éléments : elle a fourni un communiqué de presse et une présentation aux investisseurs annonçant les résultats financiers pour les trois et six mois clos le 30 juin 2025, et a annoncé le départ de son Chief Operating Officer, Willard Whitesell. La société indique que le communiqué et la présentation sont fournis en tant qu'Exhibits 99.1 et 99.2 et constituent des informations résumées à lire conjointement avec ses dépôts auprès de la SEC.

En lien avec le départ de M. Whitesell, effectif au 8 août 2025, la société a conclu un Accord de Séparation prévoyant que toutes les unités d'actions restreintes (RSU) non acquises deviendront intégralement acquises à la Date de Séparation et seront délivrées en actions au prorata mensuel selon le calendrier d'acquisition initial de quatre ans. Le dossier précise que le départ a été mutuel et n'est pas dû à un désaccord avec la société.

Sky Harbour Group Corporation hat ein Formular 8-K eingereicht, in dem zwei Punkte gemeldet werden: Sie hat eine Pressemitteilung und eine Investorenpräsentation vorgelegt, die die Finanzergebnisse für die drei und sechs Monate zum 30. Juni 2025 ankündigen, und den Weggang ihres Chief Operating Officer, Willard Whitesell, bekanntgegeben. Das Unternehmen erklärt, dass die Pressemitteilung und die Präsentation als Anlagen 99.1 und 99.2 eingereicht werden und zusammen mit seinen SEC-Unterlagen als zusammenfassende Informationen zu lesen sind.

Im Zusammenhang mit dem Ausscheiden von Mr. Whitesell, wirksam zum 8. August 2025, hat das Unternehmen eine Trennungsvereinbarung (Separation Agreement) geschlossen, die vorsieht, dass alle noch nicht unverfallbaren Restricted Stock Units (RSUs) am Separation Date vollständig unverfallbar werden und anteilig monatlich in Aktien nach dem ursprünglichen vierjährigen Vesting-Zeitplan ausgezahlt werden. Die Einreichung besagt, dass das Ausscheiden einvernehmlich war und nicht auf eine Meinungsverschiedenheit mit dem Unternehmen zurückzuführen ist.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported) August 8, 2025
 
Sky Harbour Group Corporation
(Exact name of registrant as specified in its charter)
 
Delaware
 
001-39648
 
85-2732947
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
136 Tower Road, Suite 205
Westchester County Airport
White Plains, NY
 
10604
(Address of principal executive offices)
 
(Zip Code)
 
(212) 554-5990
Registrant’s telephone number, including area code
 
(Former name or former address, if changed since last report.)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Class A common stock, par value $0.0001 per share
 
SKYH
 
The New York Stock Exchange
Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share
 
SKYH WS
 
The New York Stock Exchange
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 


 
 

 
 
Item 2.02. Results of Operations and Financial Condition.
 
On August 12, 2025, Sky Harbour Group Corporation (the “Company”) issued a press release (the “Press Release”) which announced its financial results for the three and six months ended June 30, 2025. A copy of the Press Release is furnished hereto as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 2.02 by reference.
 
On August 12, 2025, the Company furnished information in the form of an investor presentation (the “Investor Presentation”) to its investors, analysts, shareholders, and other parties at a scheduled investor meeting. A copy of the Investor Presentation is furnished hereto as Exhibit 99.2 to this Current Report on Form 8-K and incorporated into this Item 2.02 by reference.
 
The furnishing of the Press Release and Investor Presentation is not an admission as to the materiality of any information therein. The information contained in the Press Release and Investor Presentation is summary information that is intended to be considered in the context of more complete information included in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) and other public announcements that the Company has made and may make from time to time by press release or otherwise. The Company undertakes no duty or obligation to update or revise the information contained in this report, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosures.
 
The information contained in this Item 2.02, including Exhibits 99.1 and 99.2 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) , or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) . The information contained in this Item 2.02, in the Press Release, and in the Investor Presentation shall not be incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.
 
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On August 8, 2025, the Company reached a mutual agreement with Willard Whitesell, Chief Operating Officer of the Company who led the Company’s construction division, whereby Mr. Whitesell stepped down from such position, effective August 8, 2025 (the “Separation Date”). In connection with Mr. Whitesell’s departure and in consideration of the valuable transition assistance that he has provided, the Company and Mr. Whitesell entered into a Separation Agreement and General Release, effective August 8, 2025 (the “Separation Agreement”). The Separation Agreement provides that all unvested restricted stock units (“RSUs”) held by Mr. Whitesell will become fully vested as of the Separation Date and will be delivered in shares of the Company’s Class A common stock on a pro rata monthly basis in accordance with the original four-year vesting schedule under the RSU award agreement. Mr. Whitesell’s departure is not the result of any disagreement with the Company on any matter related to Mr. Whitesell’s performance as Chief Operating Officer or the Company’s operations, policies or procedures.
 
Cautionary Statement Regarding Forward-Looking Statements
 
This Current Report on Form 8-K includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. These statements are based on current expectations on the date of this Form 8-K and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.  Important factors that could cause actual results to differ materially from those in the forward-looking statements include the risks described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and its other filings with the SEC.
 
 

 
Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits. The Exhibit Index set forth below is incorporated herein by reference.
 
 
EXHIBIT INDEX
   
 
Exhibit Number 
Exhibit Title
99.1
Press Release dated August 12, 2025.
99.2 Investor Presentation dated August 12, 2025.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated: August 12, 2025
 
 
SKY HARBOUR GROUP CORPORATION
     
 
By:
/s/ Tal Keinan
 
Name:
 Tal Keinan
 
Title:
 Chief Executive Officer
 
 

FAQ

What did Sky Harbour (SKYH) disclose in this 8-K?

The company furnished a press release and an investor presentation with results for the three- and six-month periods ended June 30, 2025, and disclosed the COO's departure.

When did the COO of Sky Harbour step down?

Willard Whitesell stepped down effective August 8, 2025 and entered into a Separation Agreement on that date.

What happens to the COO's unvested RSUs?

All unvested restricted stock units (RSUs) held by Mr. Whitesell became fully vested as of the Separation Date and will be delivered in shares on a pro rata monthly basis under the original four-year vesting schedule.

Does the 8-K include the financial results themselves?

No. The 8-K furnishes the press release and investor presentation as Exhibits 99.1 and 99.2 but the filing text does not contain numeric financial results.

Was the COO departure due to a disagreement with the company?

The filing states the departure was by mutual agreement and was not the result of any disagreement with the company on matters related to performance or operations.
Sky Harbour Group

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