Director at Sky Harbour (SKYH) awarded 7,910 RSUs under 2022 plan

Rhea-AI Filing Summary

Leiponis Lysa reported acquisition or exercise transactions in this Form 4 filing.

Sky Harbour Group Corp director Lysa Leiponis received a grant of 7,910 restricted stock units (RSUs) of Class A common stock on February 18, 2026 under the company’s 2022 Incentive Award Plan. The award was recorded at a price of $0.00 per share, reflecting a stock-based compensation grant rather than an open‑market purchase.

Each RSU represents the right to receive one share of Class A common stock as the units vest under the related RSU agreement, provided she remains in service through the vesting dates. After this grant, her reported holdings include 42,233 RSUs of Sky Harbour Group Corp.

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

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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^*

Leiponis Lysa

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		7,910(1)	A	$0	42,233(2)	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

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. Reported amount includes 42,233 RSUs.

	/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).
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FAQ

What insider transaction did Sky Harbour Group Corp (SKYH) disclose for Lysa Leiponis?

Sky Harbour Group Corp reported that director Lysa Leiponis received a grant of 7,910 restricted stock units of Class A common stock. These RSUs were awarded under the 2022 Incentive Award Plan as equity compensation rather than being purchased on the open market.

How many Sky Harbour (SKYH) shares does Lysa Leiponis beneficially hold after this Form 4?

Following the reported grant, Lysa Leiponis is shown as holding 42,233 restricted stock units tied to Sky Harbour Class A common stock. Each RSU represents the right to receive one share upon vesting, subject to the terms of her RSU agreement and continued service.

Was the SKYH insider transaction for Lysa Leiponis a stock purchase or an award?

The transaction for Lysa Leiponis was an equity award, not a market purchase. She received 7,910 restricted stock units at a stated price of $0.00 per share as part of Sky Harbour’s 2022 Incentive Award Plan, reflecting stock-based compensation.

What are the vesting conditions on Lysa Leiponis’s Sky Harbour (SKYH) RSU grant?

The RSUs granted to Lysa Leiponis vest in installments according to her RSU agreement. Vesting requires that she remain in service with Sky Harbour Group Corp through each applicable vesting date before receiving the underlying Class A common shares.

What type of security was involved in Lysa Leiponis’s Form 4 for Sky Harbour (SKYH)?

The Form 4 reports restricted stock units linked to Sky Harbour Class A common stock. Each RSU represents a contingent right to receive one share of Class A common stock when the unit vests, assuming the service-based vesting conditions are satisfied.

Which equity plan governed the RSU grant to Lysa Leiponis at Sky Harbour (SKYH)?

The RSU grant to Lysa Leiponis was issued under the Sky Harbour Group Corporation 2022 Incentive Award Plan. This plan governs the terms of her restricted stock units, including vesting schedules and the conversion of vested RSUs into Class A common shares.