[Form 4] Sky Quarry Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider sale disclosed on Form 4: Darryl Delwo, identified as a former Chief Financial Officer of Sky Quarry Inc. (SKYQ), reported disposing of 110,000 common shares on 09/08/2025 at a weighted average price of $0.7309 per share. Following the reported transaction(s) the filing shows 15,000 shares beneficially owned. The price represents a weighted average of multiple sales at prices ranging from $0.7102 to $0.7576; the reporting person offers to provide a breakdown of quantities at each price upon request.

Positive

• Complete transaction disclosure including date (09/08/2025), share count (110,000), and weighted average price ($0.7309).
• Transparency on price range: filing states sales occurred between $0.7102 and $0.7576 and offers to provide per-price quantities on request.

Negative

• Material insider sale of 110,000 shares was executed, reducing reported beneficial ownership to 15,000 shares.
• No contextual metrics such as percentage ownership or relation to total outstanding shares are provided in the filing.

Insights

Financial Analyst

TL;DR: Insider reported a sizable sale of common shares; transaction details and weighted average price are disclosed.

The filing shows a disposition of 110,000 common shares on 09/08/2025 at a weighted average price of $0.7309, with post-transaction beneficial ownership of 15,000 shares. The report includes the price range ($0.7102–$0.7576) and an offer to supply per-price quantities on request, which improves transparency for market participants. The disclosure does not include context on total outstanding shares or dollar value impact.

Corporate Governance Expert

TL;DR: The insider sale is properly reported with price-range disclosure and an explicit offer to provide further details.

The Form 4 identifies the reporting person and relationship to the issuer, specifies the transaction date, sale code, number of shares disposed (110,000), weighted average price ($0.7309), and resulting beneficial ownership (15,000 shares). The explicit statement offering to provide full per-price quantities on request aligns with disclosure best practices. The filing contains no additional governance events or plan details.

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
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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^*

Delwo Darryl

(Last) (First) (Middle)

707 W 700 S

STE 101

(Street)

WOODS CROSS UT 84087

(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
	Officer (give title below)	X	Other (specify below)
			Former CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

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
Common Shares	09/08/2025		S		110,000	D	$0.7309(1)	15,000	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. The price reported represents the weighted average price of shares sold in multiple transactions at prices ranging from $0.7102 to $0.7576. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the SEC, the issuer, or a security holder.

	Darryl Delwo	09/10/2025
	** 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 Sky Quarry (SKYQ) insider Darryl Delwo report on Form 4?

The Form 4 reports that Darryl Delwo disposed of 110,000 common shares on 09/08/2025 at a weighted average price of $0.7309 per share and now reports 15,000 shares beneficially owned.

What price range did the insider sale occur at for SKYQ?

The filing states the sales occurred at prices ranging from $0.7102 to $0.7576, with a reported weighted average price of $0.7309.

Does the Form 4 provide a breakdown of shares sold at each price?

The filing does not list per-price quantities but explicitly states the reporting person will provide full information on the number of shares sold at each separate price upon request by the SEC, the issuer, or a security holder.

What relationship does the reporting person have to Sky Quarry?

The filing identifies Darryl Delwo as a reporting person with the designation Former CFO of the issuer.

On what date was the earliest transaction reported?

The earliest transaction date listed on the Form 4 is 09/08/2025.