SKYW Insider Sale: Director Sells 10,000 Shares at ~$116.09

Rhea-AI Filing Summary

SkyWest Inc. director James L. Welch reported a sale of common stock. On 08/12/2025 Mr. Welch sold 10,000 shares of SkyWest (ticker SKYW) at a weighted average price of $116.0888 per share (actual prices ranged from $116.00 to $116.39). Following the sale he beneficially owned 27,717 shares, held directly. The Form 4 was signed on 08/14/2025. The filing indicates the transaction code "S" for sale and notes the weighted average price explanation; no options, derivatives, or additional transactions are reported.

Positive

• Timely and complete disclosure of the director's sale, including weighted average price and price range
• No derivatives or complex transactions reported alongside the sale, simplifying interpretability

Negative

• Director reduced direct holdings by 10,000 shares, lowering insider ownership to 27,717 shares

Insights

Corporate Governance Expert

TL;DR: A director executed a straightforward share sale reducing direct holdings to 27,717 shares; the filing is routine and fully disclosed.

The report shows a single open-market sale by a company director using transaction code S. The disclosure includes the weighted average sale price and preserves transparency by noting the range of execution prices. There is no indication of simultaneous derivative activity or planned sale defense usage. From a governance perspective, timely filing and signature indicate compliance with Section 16 reporting obligations.

Securities Analyst

TL;DR: Director sale of 10,000 shares at ~$116.09 reduces insider stake; transaction appears administrative rather than material to valuation.

The sale reduces direct beneficial ownership to 27,717 shares; given the single-sale nature and absence of related derivative transactions, this is a routine insider liquidity event. The filing discloses the weighted average price and the execution range, supporting transaction transparency. No additional material events or changes to executive roles are reported that would signal a broader company-level impact.

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
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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 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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	08/12/2025		S		10,000	D	$116.0888(1)	27,717	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. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $116.00 and $116.39. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.

	/s/ James L. Welch	08/14/2025
	** 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.

FAQ

What did James L. Welch report on Form 4 for SKYW?

He reported a sale of 10,000 SkyWest common shares on 08/12/2025 at a weighted average price of $116.0888.

How many SkyWest shares does James L. Welch own after the transaction?

He beneficially owns 27,717 shares following the reported sale.

What price range did the shares sell for in the reported transaction?

The filing states the actual sale prices ranged between $116.00 and $116.39 with a weighted average of $116.0888.

Did the Form 4 report any options or derivative transactions for SKYW?

No. The filing lists only a direct sale of common stock and no derivative securities.

When was the Form 4 signed and filed?

The reporting person signed the form on 08/14/2025.