Sky Harbour Group Corp (SKYH) CAO granted new stock and options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sky Harbour Group Corp reported that Chief Accounting Officer Michael Weber Schmitt received equity awards as part of his compensation. On February 18, 2026, he was granted 62,780 non-qualified stock options and 33,898 shares of Class A common stock in the form of restricted stock units under the 2022 Incentive Award Plan, all at a reported price of $0.00 per share and subject to vesting conditions tied to continued service. The filing also shows a prior disposition of 3,011 Class A shares on May 17, 2025, representing shares withheld to cover tax obligations arising from RSU vesting rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Schmitt Michael Weber
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 62,780 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 33,898 | $0.00 | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| Tax Withholding | Class A Common Stock | 3,011 | $10.12 | $30K |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 62,780 shares (Direct);
Class A Common Stock — 86,452 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted under the Sky Harbour Group Corporation 2022 Incentive Award Plan. Each RSU represents the contingent right to receive, in accordance with the terms of the applicable RSU agreement, one share of Class A Common Stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU agreement, provided the reporting person remains in service through the applicable vesting date. Represents stock options granted under the Sky Harbour Group Corporation 2022 Incentive Award Plan. The stock options vest in installments in accordance with the terms of the applicable stock option agreement, provided the reporting person remains in service through the applicable vesting date. Represents 25,033 shares of Class A Common Stock and 58,408 RSUs. Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of an aggregate of 8,341 RSUs, which occurred monthly from May 17, 2025 to December 31, 2025. The value of the vested shares and the shares withheld to satisfy U.S. Federal and state income taxes is calculated based on the weighted-average closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date.
FAQ
What did Sky Harbour (SKYH) disclose about Michael Weber Schmitt’s recent equity awards?
Sky Harbour disclosed that Chief Accounting Officer Michael Weber Schmitt received equity awards on February 18, 2026. He was granted 62,780 non-qualified stock options and 33,898 Class A common shares as restricted stock units under the 2022 Incentive Award Plan, subject to service-based vesting.
How many Sky Harbour stock options were granted to the CAO in this Form 4?
The Form 4 reports that Michael Weber Schmitt received 62,780 non-qualified stock options on February 18, 2026. These options were granted under Sky Harbour’s 2022 Incentive Award Plan and vest in installments according to the related stock option agreement, contingent on his continued service.
What is the vesting structure for Michael Weber Schmitt’s Sky Harbour equity awards?
Both the restricted stock units and stock options vest in installments under the 2022 Incentive Award Plan. Vesting occurs according to the terms of the applicable RSU or stock option agreements, provided that Michael Weber Schmitt remains in service with Sky Harbour through each applicable vesting date.
Was there any Sky Harbour stock disposed of to cover Michael Weber Schmitt’s taxes?
Yes. The Form 4 reports a disposition of 3,011 Class A shares on May 17, 2025. According to the footnote, these shares were withheld to satisfy tax liabilities related to the vesting of 8,341 RSUs, rather than being sold in an open-market transaction.