SKYW Form 144 Notice — 10,000 Common Shares Listed for Sale via Schwab
Rhea-AI Filing Summary
SkyWest, Inc. filed a Form 144 proposing the sale of 10,000 common shares through Charles Schwab & Co., with an indicated aggregate market value of $1,160,888. Those shares represent a small fraction of the company's reported 40,378,254 outstanding shares. The shares were acquired on 02/04/2009 through a restricted stock lapse as part of equity compensation, and the table shows a prior sale by JAMES L WELCH TTEE of 10,000 SkyWest shares on 07/29/2025 for gross proceeds of $1,182,541. The filer also certifies they are not aware of any undisclosed material adverse information about the issuer.
The filing provides transaction details (broker, acquisition method, and dates) but contains no earnings, new contracts, regulatory actions, or other corporate developments.
Positive
- Transparent disclosure of proposed insider sale via Form 144, including broker and aggregate market value
- Acquisition origin specified (restricted stock lapse, acquired 02/04/2009), showing the shares derive from long-held equity compensation
Negative
- None.
Insights
TL;DR Insider sale proposed for 10,000 SkyWest shares; size is immaterial versus outstanding shares so market impact is likely limited.
The Form 144 shows a proposed disposition of 10,000 SkyWest common shares with an aggregate market value of $1,160,888, acquired in 2009 via restricted stock lapse. Relative to 40,378,254 shares outstanding, the block is de minimis (<0.03%). The filing is a required disclosure of intent to sell and provides transparency on timing and broker; it does not disclose any operational or financial changes. From a trading-impact perspective this notice is neutral given the small proportional size.
TL;DR Form 144 documents a routine insider sale tied to long-held equity compensation, with trustee activity noted in prior sale records.
The document records that the shares were originally acquired as equity compensation on 02/04/2009, indicating this sale arises from long-held restricted stock rather than a recent grants or immediate liquidity event. A trustee sale of the same quantity on 07/29/2025 for $1,182,541 is listed, suggesting related disposition activity. The filer’s certification of no undisclosed material adverse information is standard. Governance implications are limited because the disclosed transactions are small and procedural.