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

The transaction was a grant, not a market purchase. Robert Francis Byrne acquired 30,000 Sky Quarry common shares as an equity award at $0.00 per share under the company’s 2024 Equity Incentive Plan, reflecting compensation rather than an open-market trade.

What does the $0.00 per share price mean in the Sky Quarry (SKYQ) Form 4 filing?

The $0.00 per share price indicates the shares were granted as compensation, not bought in the market. Robert Francis Byrne received 30,000 common shares for no cash consideration under the Sky Quarry Inc. 2024 Equity Incentive Plan.

Sky Quarry director granted 30,000 shares

Byrne Robert Francis reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 05/29/2026 - 07:14 PM EDT

Filing Impact

(Neutral)

Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Byrne Robert Francis reported acquisition or exercise transactions in this Form 4 filing.

Sky Quarry Inc. director Robert Francis Byrne received 30,000 shares of common stock as an equity award under the Sky Quarry Inc. 2024 Equity Incentive Plan. The grant was recorded at a price of $0.00 per share, bringing his directly held stake to 30,000 shares after the award.

Insider Trade Summary

Grant/Award: 30,000 shares

Grant/Award 1 txn

Insider Byrne Robert Francis

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	30,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 30,000 shares (Direct)

Footnotes (1)

F1. 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.

Key Figures

Equity award: 30,000 shares Grant price: $0.00 per share Shares held after grant: 30,000 shares

3 metrics

Equity award 30,000 shares Common Stock grant on May 27, 2026

Grant price $0.00 per share Equity award under 2024 Equity Incentive Plan

Shares held after grant 30,000 shares Direct ownership following transaction

Key Terms

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

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."

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Common Stock financial

""security_title": "Common Stock""

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Sky Quarry (SKYQ) disclose for Robert Francis Byrne?

Sky Quarry reported that director Robert Francis Byrne received an equity grant of 30,000 shares of common stock. The award was made under the Sky Quarry Inc. 2024 Equity Incentive Plan and increased his direct holdings to 30,000 shares following the transaction.

How many Sky Quarry (SKYQ) shares does Robert Francis Byrne hold after this Form 4?

After the reported transaction, director Robert Francis Byrne holds 30,000 shares of Sky Quarry common stock directly. All of these shares relate to the equity award granted on May 27, 2026, under the Sky Quarry Inc. 2024 Equity Incentive Plan.

Under which plan was the Sky Quarry (SKYQ) equity award to Robert Francis Byrne granted?

The 30,000-share equity award to director Robert Francis Byrne was granted under the Sky Quarry Inc. 2024 Equity Incentive Plan. This plan provides stock-based compensation, and the filing specifies that the reported shares represent an award under this program.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Byrne Robert Francis

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	05/27/2026		A		30,000	A	$0.0000	30,000	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ Robert Byrne	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)

Source: View Original Filing on SEC EDGAR