SkyWest (NASDAQ: SKYW) director awarded 1,219 shares in incentive grant

Rhea-AI Filing Summary

Welch James L reported acquisition or exercise transactions in this Form 4 filing.

SkyWest, Inc. director James L. Welch reported an award of 1,219 shares of common stock. The shares were issued at no cash cost to him under the SkyWest, Inc. Long-Term Incentive Plan. After this grant, he directly holds 28,936 shares of SkyWest common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Welch James L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,219	$0.00	--

Holdings After Transaction: Common Stock — 28,936 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 1,219 shares Grant price per share: $0.0000 per share Shares owned after grant: 28,936 shares

3 metrics

Shares granted 1,219 shares Common Stock grant on May 5, 2026

Grant price per share $0.0000 per share Reported transaction price for the award

Shares owned after grant 28,936 shares Direct holdings following the transaction

Key Terms

Long-Term Incentive Plan, Grant, award, or other acquisition, Form 4

3 terms

Long-Term Incentive Plan financial

"Shares issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan."

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Welch James L

(Last) (First) (Middle)

444 SOUTH RIVER ROAD

(Street)

ST GEORGE UTAH 84790

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SKYWEST INC [ SKYW ]

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)
05/05/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/05/2026		A		1,219(1)	A	$0	28,936	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. Shares issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan.

	/s/ James L. Welch	05/07/2026
	** 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)

FAQ

What did SkyWest (SKYW) director James L. Welch report on this Form 4?

James L. Welch reported receiving 1,219 shares of SkyWest common stock. The shares were granted at no cash cost to him under the SkyWest, Inc. Long-Term Incentive Plan, increasing his direct holdings to 28,936 shares after the transaction.

How many SkyWest (SKYW) shares were granted to James L. Welch?

James L. Welch was granted 1,219 shares of SkyWest common stock. This award was reported as a grant, award, or other acquisition transaction and was issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan, rather than purchased on the open market.

What is James L. Welch’s SkyWest (SKYW) share ownership after this grant?

After the reported grant, James L. Welch directly owns 28,936 shares of SkyWest common stock. This reflects his position following the award of 1,219 shares under the company’s Long-Term Incentive Plan, as disclosed in the Form 4 filing data.

Was cash paid for the SkyWest (SKYW) shares granted to James L. Welch?

No cash was paid for these SkyWest shares; the price per share is reported as 0.0000. The 1,219 shares were issued as a compensation-related grant under the SkyWest, Inc. Long-Term Incentive Plan, rather than through a market purchase transaction.

What plan governed the stock grant to SkyWest (SKYW) director James L. Welch?

The stock grant was issued under the SkyWest, Inc. Long-Term Incentive Plan. A footnote explains that the 1,219 shares of common stock were granted pursuant to this plan, indicating they are part of the company’s equity-based compensation program for eligible participants.