50,000-share equity grant to Sky Quarry (SKYQ) board director

Rhea-AI Filing Summary

Monje Alexander reported acquisition or exercise transactions in this Form 4 filing.

Sky Quarry Inc. director Monje Alexander received an equity-based compensation award of 50,000 shares of Common Stock. The shares were granted at no cash cost to him under the Sky Quarry Inc. 2024 Equity Incentive Plan and bring his direct holdings to 50,000 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Monje Alexander

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	50,000	$0.00	--

Holdings After Transaction: Common Stock — 50,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Equity award size: 50,000 shares Grant price per share: $0.0000 per share Post-transaction holdings: 50,000 shares

3 metrics

Equity award size 50,000 shares Common Stock granted on 2026-05-27

Grant price per share $0.0000 per share Equity award to director

Post-transaction holdings 50,000 shares Total Common Stock directly owned after grant

Key Terms

equity award, Sky Quarry Inc. 2024 Equity Incentive Plan, Common Stock, Grant, award, or other acquisition

4 terms

equity award financial

"Represents shares of the Company's common stock granted to the Reporting Person as an equity award under the Sky Quarry Inc. 2024 Equity Incentive Plan."

An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.

Sky Quarry Inc. 2024 Equity Incentive Plan financial

"granted to the Reporting Person as an equity award under the Sky Quarry Inc. 2024 Equity Incentive Plan."

Common Stock financial

"Represents shares of the Company's common stock granted to the Reporting Person as an equity award"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Monje Alexander

(Last) (First) (Middle)

C/O SKY QUARRY INC.

707 W 700 S, SUITE 101

(Street)

WOODS CROSS UTAH 84087

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock(1)	05/27/2026		A		50,000	A	$0.0000	50,000	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 shares of the Company's common stock granted to the Reporting Person as an equity award under the Sky Quarry Inc. 2024 Equity Incentive Plan.

	/s/ Alexander Monje	05/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sky Quarry (SKYQ) report for Monje Alexander?

Sky Quarry reported that director Monje Alexander received a grant of 50,000 shares of Common Stock as an equity award. The shares were issued under the Sky Quarry Inc. 2024 Equity Incentive Plan at no cash cost, increasing his direct holdings to 50,000 shares.

Was the Sky Quarry (SKYQ) insider transaction a market purchase or a grant?

The transaction was a grant, not a market purchase. Director Monje Alexander acquired 50,000 shares of Common Stock as an equity award under the 2024 Equity Incentive Plan, with a reported price per share of $0.0000, reflecting compensation rather than an open-market trade.

How many Sky Quarry (SKYQ) shares does Monje Alexander hold after this filing?

After the reported equity award, director Monje Alexander holds 50,000 shares of Sky Quarry Common Stock directly. The Form 4 shows total shares following the transaction as 50,000, indicating this grant established or increased his direct ownership position to that level.

What equity plan was used for the latest Sky Quarry (SKYQ) director award?

The award was made under the Sky Quarry Inc. 2024 Equity Incentive Plan. Footnote disclosure specifies that the 50,000-share grant of Common Stock to director Monje Alexander represents an equity award granted pursuant to this plan, aligning director compensation with shareholder interests through stock ownership.

Does the Sky Quarry (SKYQ) Form 4 show any stock sales by Monje Alexander?

The Form 4 shows only an acquisition via equity grant, with no reported sales. The single transaction is coded "A" for grant or award, reflecting 50,000 shares acquired as compensation and no disposition or open-market sale activity in this particular filing.