[144] Sky Quarry Inc. SEC Filing

Rhea-AI Filing Summary

Sky Quarry Inc. filing of Form 144 notifies the proposed sale of 100,000 common shares through Haywood Securities with an aggregate market value of $48,000. The filing shows 22,476,421 shares outstanding, making the proposed block roughly 0.45% of outstanding shares. The seller acquired the shares by a transfer from spouse on 02/09/2024; the donor originally acquired them on 08/01/2020. The approximate sale date listed is 08/19/2025. No securities were reported sold by the selling person in the past three months. The filer affirms no undisclosed material adverse information and includes the standard signature and legal attestation language.

Insights

Securities Analyst

TL;DR: Routine insider disposition notice for a modest block representing under 0.5% of shares outstanding; likely limited market impact.

The Form 144 shows an intended sale of 100,000 common shares via Haywood Securities with an aggregate market value of $48,000 and an approximate sale date of 08/19/2025. Given the stated 22,476,421 shares outstanding, the block is approximately 0.45% of outstanding shares, which is a relatively small percentage and generally not material to market capitalization. The shares were acquired by transfer from a spouse on 02/09/2024 and are marked as a gift, which is relevant for insider reporting and potential lockup/holding-period considerations. The filer reports no sales in the prior three months and certifies no undisclosed material adverse information. This filing appears administrative and compliant with Rule 144 disclosure requirements.

Corporate Governance Expert

TL;DR: Disclosure aligns with required insider reporting; transfer-from-spouse and gift status merit recordkeeping but present no obvious governance red flags.

The notice documents a transfer-from-spouse acquisition dated 02/09/2024 and lists the original donor acquisition date as 08/01/2020, with the sale planned via a named broker. These details satisfy Rule 144 information elements: acquisition history, relationship, broker, and amount. The representation that the seller lacks undisclosed material information is present, as required. There is no indication in this filing of equity dilution events, related-party transactions beyond the spouse transfer, or concurrent filings of importance. From a governance perspective, the form is a standard disclosure; further context (e.g., role of the selling person within the company) is not provided in this filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Haywood Securities Inc 808 First Street SW Suite 400 Calgary Z4 T2P1M9	100000	48000.00	22476421	08/19/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/09/2024	Transfer from Spouse	Darryl Delwo		08/01/2020	100000	02/09/2024	Gift

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Sky Quarry's (SKYQ) Form 144 report?

The Form 144 reports a proposed sale of 100,000 common shares via Haywood Securities with an aggregate market value of $48,000 and an approximate sale date of 08/19/2025.

How large is the proposed sale relative to Sky Quarry's shares outstanding?

The filing shows 22,476,421 shares outstanding, so the 100,000-share block is approximately 0.45% of outstanding shares.

How were the shares acquired that are being sold?

The shares were acquired by transfer from a spouse on 02/09/2024; the donor originally acquired them on 08/01/2020 and the transfer is noted as a gift.

Did the seller report other sales of Sky Quarry securities in the last three months?

No. The filing states 'Nothing to Report' for securities sold during the past three months by the selling person.

Which broker is named for the proposed sale?

Haywood Securities Inc. is listed with the address provided in the filing as the broker for the transaction.