[Form 4] Sky Quarry Inc. Insider Trading Activity

Rhea-AI Filing Summary

Sky Quarry Inc. (SKYQ) submitted a Form 4 signed by Darryl Delwo on 09/05/2025 that contains no reported securities transactions but states the filing is to disclose the cessation of Section 16 status for the reporting person. The form lists Mr. Delwo's role as CFO and provides a Calgary address. The earliest transaction date field shows 08/04/2025, but no non‑derivative or derivative security entries are included on the form. The filing notes the report was submitted late and attributes the delay to an administrative oversight.

Positive

• Cessation of Section 16 status explicitly reported for the reporting person
• Form includes the reporting person's title (CFO) and a signed submission date of 09/05/2025

Negative

• The Form 4 was filed late, attributed to an administrative oversight
• No Table I or Table II entries — no transaction details are provided despite an earliest transaction date of 08/04/2025

Insights

Corporate Governance Analyst

CFO ceased Section 16 status; no securities transactions reported.

The filing discloses that Darryl Delwo (CFO) is no longer subject to Section 16 reporting obligations, which can change the frequency of required insider disclosures for the individual. The form contains no reported acquisitions or dispositions, indicating no transaction activity was recorded on this Form 4.

The late filing is explicitly attributed to an administrative oversight, a governance control lapse that companies typically document and correct to maintain investor confidence.

Securities Compliance Specialist

Late Form 4 filed to report cessation; no trading shown.

The document states the Form 4 was filed late and solely to report the cessation of Section 16 status, which is a reportable change in beneficial‑ownership obligations. Because the form contains no entries in Table I or II, there are no reported transactions

Investors and regulators generally note late filings; the filing records the cause as administrative oversight but does not disclose remedial steps or penalties.

09/05/2025 - 06:10 PM

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

X

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^*

Delwo Darryl

(Last) (First) (Middle)

88 ELGIN VIEW SOUTHEAST

(Street)

CALGARY A0 T2Z4N2

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sky Quarry Inc. [ SKYQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

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

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:

Remarks:

This Form 4 is being filed late solely to report cessation of Section 16 status. The delay was due to administrative oversight.

	Darryl Delwo	09/05/2025
	** 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 the Sky Quarry (SKYQ) Form 4 disclose?

The Form 4 discloses the cessation of Section 16 status for reporting person Darryl Delwo and contains no reported securities transactions.

Who filed the Form 4 for SKYQ and when was it signed?

The Form 4 was signed by Darryl Delwo on 09/05/2025; his role on the form is listed as CFO.

Does the Form 4 show any stock purchases or sales?

No. Both Table I and Table II are blank on this filing, so no purchases or sales are reported.

Was the Form 4 filed on time?

No. The filing states it was filed late and explains the delay was due to an administrative oversight.

What transaction date appears on the Form 4?

The form lists an earliest transaction date of 08/04/2025, although no transactions are detailed.