SkyWest (SKYW) CEO Russell Childs granted new stock awards

Rhea-AI Filing Summary

SkyWest Inc. President and CEO Russell A. Childs reported multiple stock awards of common stock on February 3, 2026. All awards were recorded at a price of $0 per share and reflect equity compensation rather than open-market purchases.

The transactions include 10,091 restricted stock units granted under SkyWest’s Long-Term Incentive Plan that vest one third each year over three years, plus 102,770, 24,816, and 11,025 shares issued upon achievement of performance measurements tied to performance stock units granted in February 2023, February 2024, and February 2025. These performance-related restricted stock units each vest in full three years from their respective grant dates.

Following these awards, Childs directly holds 553,585 shares of SkyWest common stock and indirectly holds 12,702 shares through a 401(k) plan.

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

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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^*

Childs Russell A

(Last) (First) (Middle)

444 S RIVER ROAD

(Street)

ST. GEORGE UT 84790

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	PRESIDENT & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/03/2026		A		10,091(1)	A	$0	414,974	D
Common Stock	02/03/2026		A		102,770(2)	A	$0	517,744	D
Common Stock	02/03/2026		A		24,816(3)	A	$0	542,560	D
Common Stock	02/03/2026		A		11,025(4)	A	$0	553,585	D
Common Stock								12,702	I	By 401K Plan

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. Restricted stock units issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan, which will vest one third each year from the date of grant over three years. Each restricted stock unit represents a contingent right to receive one share of common stock.

2. Represents the number of restricted stock units issued upon achievement of performance measurements relating to one third of the performance stock units granted in February 2023 pursuant to the SkyWest, Inc. Long-Term Incentive Plan, which restricted stock units will vest in full three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.

3. Represents the number of restricted stock units issued upon achievement of performance measurements relating to one third of the performance stock units granted in February 2024 pursuant to the SkyWest, Inc. Long-Term Incentive Plan, which restricted stock units will vest in full three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.

4. Represents the number of restricted stock units issued upon achievement of performance measurements relating to one third of the performance stock units granted in February 2025 pursuant to the SkyWest, Inc. Long-Term Incentive Plan, which restricted stock units will vest in full three years from the date of grant. Each restricted stock unit represents a contingent right to receive one share of common stock.

	/s/ Russell A. Childs	02/05/2026
	** 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.
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FAQ

What did SkyWest (SKYW) CEO Russell A. Childs report in this Form 4?

Russell A. Childs reported multiple stock awards of SkyWest common stock as equity compensation, all at $0 per share. The awards stem from restricted stock units and performance-based units granted under the company’s Long-Term Incentive Plan, rather than open-market purchases or sales.

How many SkyWest shares does CEO Russell A. Childs own after these awards?

After these awards, Russell A. Childs directly holds 553,585 shares of SkyWest common stock. In addition, he indirectly holds 12,702 shares through a 401(k) plan, reflecting his accumulated ownership position following the February 3, 2026 equity compensation transactions.

What type of equity awards did SkyWest grant to its CEO on February 3, 2026?

SkyWest granted restricted stock units and shares issued upon achievement of performance measurements tied to earlier performance stock unit grants. These awards were converted into common stock at $0 per share as part of the company’s Long-Term Incentive Plan for senior executives.

How do the time-based restricted stock units for SkyWest’s CEO vest?

The time-based restricted stock units for the CEO vest one third each year over three years from the grant date. Each restricted stock unit represents a contingent right to receive one share of SkyWest common stock as the vesting conditions are satisfied.

How do the performance-based restricted stock units for SkyWest’s CEO vest?

The performance-based restricted stock units vest in full three years from their respective grant dates. The units reported were issued upon achievement of performance measurements tied to performance stock units granted in February 2023, February 2024, and February 2025 under the Long-Term Incentive Plan.

Did SkyWest’s CEO buy these shares on the open market?

No, these shares were not open-market purchases; they reflect equity compensation awards at $0 per share. The reported transactions come from restricted and performance-based stock units granted under SkyWest’s Long-Term Incentive Plan and converted into common stock upon vesting conditions.