Equity grant lifts Sky Quarry (SKYQ) interim CEO holdings to 216K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LAUN MARCUS G reported acquisition or exercise transactions in this Form 4 filing.
Sky Quarry Inc. reported that Interim CEO, President and Interim CFO Marcus G. Laun received an equity award of 30,000 shares of common stock. The shares were granted at no cash cost as a stock-based compensation award under the Sky Quarry Inc. 2024 Equity Incentive Plan.
Following this grant, Laun directly holds 216,622.25 shares of Sky Quarry common stock. The filing notes that the reported beneficial ownership amount reflects a 1-for-8 reverse stock split that the company implemented since his prior Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LAUN MARCUS G
Role
Interim CEO, Pres, Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 216,622.25 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 30,000 shares
Holdings after transaction: 216,622.25 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
Equity grant size
30,000 shares
Common stock awarded to Marcus G. Laun
Holdings after transaction
216,622.25 shares
Direct common stock ownership following grant
Grant price per share
$0.0000 per share
Stated transaction price for awarded shares
Reverse stock split ratio
1-for-8
Reverse split reflected in beneficial ownership
Transaction date
2026-05-27
Date of equity award grant
Key Terms
Equity Incentive Plan, reverse stock split, beneficially owned, Form 4
4 terms
Equity Incentive Plan financial
"granted to the Reporting Person as an equity award under the Sky Quarry Inc. 2024 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
reverse stock split financial
"reflects a 1-for-8 reverse stock split effected by the Issuer"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
beneficially owned financial
"The amount of securities beneficially owned reflects a 1-for-8 reverse stock split"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 4 regulatory
"since the reporting person's last Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Sky Quarry (SKYQ) disclose in this Form 4 filing?
Sky Quarry disclosed that Interim CEO, President and Interim CFO Marcus G. Laun received a grant of 30,000 shares of common stock as an equity award, increasing his direct holdings to 216,622.25 shares after the transaction.
What are Marcus G. Laun’s total Sky Quarry (SKYQ) holdings after the grant?
After the equity grant, Marcus G. Laun directly holds 216,622.25 shares of Sky Quarry common stock. This post-transaction figure incorporates adjustments from a 1-for-8 reverse stock split implemented since his previous Form 4 report.
Was the Sky Quarry (SKYQ) Form 4 transaction a market purchase or sale?
The Form 4 shows an acquisition via a stock grant, not a market trade. The transaction is coded “A” for grant or award, with 30,000 shares issued at a stated price of $0.0000 per share as compensation.