STOCK TITAN

Sky Harbour Group Corp (SKYH) CAO granted new stock and options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
SEC Form 4
FORM 4 UNITED 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*
Schmitt Michael Weber

(Last) (First) (Middle)
C/O SKY HARBOUR GROUP CORPORATION
136 TOWER ROAD, HANGAR M, SUITE 205

(Street)
WHITE PLAINS NY 10604

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sky Harbour Group Corp [ SKYH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 02/18/2026 A 33,898(1) A $0 86,452 D
Class A Common Stock 05/17/2025 F 3,011 D $10.12(4) 83,441(3) D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $11.63 02/15/2030(2) 02/15/2034 Class A Common Stock 29,918 29,918 D
Non-Qualified Stock Option (Right to Buy) $11.07 02/18/2031(2) 02/18/2035 Class A Common Stock 35,894 35,894 D
Non-Qualified Stock Option (Right to Buy) $8.85 02/18/2026 A 62,780 02/18/2032 02/18/2036 Class A Common Stock 62,780 $0 62,780 D
Explanation of Responses:
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.
2. 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.
3. Represents 25,033 shares of Class A Common Stock and 58,408 RSUs.
4. 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.
/s/ Gerald Adler, Attorney-in-fact 02/20/2026
** Signature of Reporting Person Date
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.

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.

How many Sky Harbour Class A shares or RSUs did the CAO receive?

The filing shows a grant of 33,898 shares of Class A common stock in the form of restricted stock units. Each RSU represents the right to receive one Class A share upon vesting, subject to the terms of the applicable RSU agreement and continued service requirements.

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.

How many Sky Harbour Class A shares does the CAO hold after these transactions?

After the grant of 33,898 Class A shares as restricted stock units on February 18, 2026, Michael Weber Schmitt is shown holding 86,452 Class A common shares directly. This total reflects his position following the reported acquisition and prior tax-withholding disposition.