Janey Baker reports 89,671 shares in Sky Quarry (SKYQ) ownership filing

Rhea-AI Filing Summary

Sky Quarry Inc. ownership disclosure: Janey Baker and Varie Asset Management LLC reported beneficial ownership stakes in the issuer's common stock. Baker is shown with 89,671 shares (2.39% of the class) and Varie with 57,668 shares (1.54% of the class). The filing states 3,745,355 shares outstanding as of March 16, 2026. The filing explains Baker's 89,671-share position includes 32,003 shares in her personal account and shares held by Varie, and that Baker disclaims beneficial ownership of Varie-held shares except for any pecuniary interest. The form is signed by Janey Baker on 03/25/2026.

Insights

Corporate Governance Specialist

Beneficial ownership filing shows a modest insider stake and overlapping entity interests.

Janey Baker reports 89,671 shares and Varie Asset Management LLC reports 57,668 shares, with percentages tied to March 16, 2026 outstanding shares. The disclosure notes that Baker's reported stake includes shares held by Varie and certain loaned shares, and that she expressly disclaims beneficial ownership of Varie-held shares except to the extent of any pecuniary interest.

The disclosure structure signals common director/affiliate overlap rather than an independent new acquisition; subsequent filings may clarify any changes in voting or economic exposure if transactions occur. Cash‑flow treatment and transfer mechanics are not detailed in the excerpt.

Investor Relations Analyst

Positions are small relative to total float and are clearly quantified.

The filing provides precise share counts: 89,671 and 57,668, and a share base of 3,745,355 outstanding as of March 16, 2026, which yields the disclosed percentages. This makes the stakes easily verifiable against future disclosures or stock records.

Because the percentages are low (2.5%), the positions are unlikely to create near‑term governance control shifts; any material change would require separate filings that quantify further acquisitions or dispositions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Sky Quarry Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

83087C204

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 83087C204

1

Names of Reporting Persons

Baker Janey Mae

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 89,671.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 89,671.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

89,671.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.4 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): 83087C204

1

Names of Reporting Persons

Varie Asset Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEVADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 57,668.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 57,668.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

57,668.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Sky Quarry Inc.
(b)	Address of issuer's principal executive offices: 707 W. 700 S., SUITE 101, WOODS CROSS, UTAH, 84087.
Item 2.
(a)	Name of person filing: (1) Janey Baker (2) Varie Asset Management LLC
(b)	Address or principal business office or, if none, residence: 22647 Venture Blvd, #925 Woodland Hills, CA 91364
(c)	Citizenship: (1) United States (2) Nevada
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 83087C204
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: (1) 89,671 (2) 57,668 Janey Baker may be deemed to beneficially own 89,671 shares of the issuer's common stock, which includes 32,003 shares owned in her personal account. It also includes the 30,168 shares of common stock held directly by Varie Asset Management LLC (?Varie?), as well as the 27,500 shares of common stock within the outstanding loans to Sky Quarry Inc., held directly by Varie, for a total of 57,668 shares deemed to be beneficially owned by Varie. Ms. Baker disclaims beneficial ownership in the shares held by Varie, except to the extent of any pecuniary interest therein.
(b)	Percent of class: (1) 2.39 % (2) 1.54 % Percent of class beneficially owned is determined based on 3,745,355 shares of the issuer?s common stock outstanding as of March 16, 2026, stated by Sky Quarry Inc.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: (1) 89,671.00 (2) 57,668.00
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: (1) 89,671.00 (2) 57,668.00
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Baker Janey Mae

Signature:	/s/ Janey Baker
Name/Title:	Individual
Date:	03/25/2026

Varie Asset Management LLC

Signature:	/s/ Janey Baker
Name/Title:	Janey Baker / Sole Member
Date:	03/25/2026

FAQ

What stake does Janey Baker report in SKYQ?

Janey Baker reports ownership of 89,671 shares, equal to 2.39% of common stock based on 3,745,355 shares outstanding as of March 16, 2026. The position includes 32,003 personally held shares and interests tied to Varie Asset Management LLC.

How many shares does Varie Asset Management LLC hold in SKYQ?

Varie Asset Management LLC is reported to beneficially own 57,668 shares, equal to 1.54% of the class using the same outstanding share base. That figure includes directly held shares and loaned shares described in the filing.

What outstanding share count does the filing use for SKYQ percentages?

The filing states there were 3,745,355 shares outstanding as of March 16, 2026, and the reported percentages (2.39% and 1.54%) are calculated using that share count as disclosed in the form.

Does Janey Baker claim ownership of Varie-held shares in SKYQ?

The filing states Baker may be deemed to beneficially own certain Varie-held shares for reporting purposes but she explicitly disclaims beneficial ownership

When was the Schedule 13G signed for SKYQ?

The Schedule 13G is signed by Janey Baker on 03/25/2026, as shown in the signature block of the filing.