Sky Quarry (SKYQ) awards director 30,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hussein Omar Ayaz reported acquisition or exercise transactions in this Form 4 filing.
Sky Quarry Inc. granted director Hussein Omar Ayaz an equity award of 30,000 shares of Common Stock on May 27, 2026. The shares were issued at $0.00 per share as a compensation grant under the Sky Quarry Inc. 2024 Equity Incentive Plan, bringing his direct holdings to 30,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hussein Omar Ayaz
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 30,000 shares
Grant price: $0.00 per share
Shares held after grant: 30,000 shares
+1 more
4 metrics
Shares granted
30,000 shares
Common Stock grant on May 27, 2026
Grant price
$0.00 per share
Equity award to director
Shares held after grant
30,000 shares
Director’s direct ownership following transaction
Transaction code
A
Grant, award, or other acquisition
Key Terms
Equity Incentive Plan, Form 4, Common Stock, Grant, award, or other acquisition
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.
Form 4 regulatory
"Sky Quarry reported the transaction in a Form 4 insider 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.
Common Stock financial
"Represents shares of the Company's common stock granted to the Reporting Person"
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 is Grant, award, or other acquisition for this entry"
FAQ
What insider transaction did Sky Quarry (SKYQ) report for Hussein Omar Ayaz?
Sky Quarry reported that director Hussein Omar Ayaz received a grant of 30,000 shares of Common Stock. The shares were awarded as equity compensation under the Sky Quarry Inc. 2024 Equity Incentive Plan, rather than being purchased on the open market.
Was the Sky Quarry (SKYQ) insider transaction a market purchase or a grant?
The transaction was a grant, not a market purchase. The Form 4 shows code “A,” meaning a grant, award, or other acquisition, with a price of $0.00 per share under the Sky Quarry Inc. 2024 Equity Incentive Plan.
What is the Sky Quarry Inc. 2024 Equity Incentive Plan mentioned in the Form 4?
The 2024 Equity Incentive Plan is the program under which Sky Quarry grants stock-based awards. In this filing, it is the plan used to grant 30,000 shares of common stock to director Hussein Omar Ayaz as part of his equity compensation.