SkyWest (NASDAQ: SKYW) CAO reports new restricted and performance stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SkyWest, Inc. (SKYW) chief accounting officer Eric Woodward reported multiple stock awards on February 3, 2026. He received 1,280, 12,288, 3,056 and 1,338 shares of common stock at a price of $0 per share, all reported as acquisitions.
The awards consist of restricted stock units and performance-based restricted stock units granted under the SkyWest Long-Term Incentive Plan. Some units vest one-third each year over three years, while performance-based units vest in full three years from their grant dates. After these transactions, Woodward directly holds 65,772 common shares and indirectly holds 3,166 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Woodward Eric
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,280 | $0.00 | -- |
| Grant/Award | Common Stock | 12,288 | $0.00 | -- |
| Grant/Award | Common Stock | 3,056 | $0.00 | -- |
| Grant/Award | Common Stock | 1,338 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,090 shares (Direct);
Common Stock — 3,166 shares (Indirect, By 401K Plan)
Footnotes (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. 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. 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. 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.
FAQ
What did SkyWest (SKYW) executive Eric Woodward report in this Form 4?
Eric Woodward reported multiple acquisitions of SkyWest common stock on February 3, 2026. These came from restricted stock unit and performance-based awards under the company’s Long-Term Incentive Plan, all at a reported price of $0 per share as equity compensation.
What type of equity awards did SkyWest (SKYW) grant to Eric Woodward?
The awards are restricted stock units and performance-based restricted stock units under the SkyWest Long-Term Incentive Plan. Each unit represents a contingent right to receive one share of common stock, aligning executive compensation with company performance over time.
How do the time-based restricted stock units for SKYW vest?
The time-based restricted stock units vest one third each year over three years from the grant date. This schedule encourages multi-year retention by linking the full value of the award to continued service with SkyWest during the vesting period.
How do the performance-based restricted stock units for SKYW vest?
The performance-based restricted stock units were issued after performance goals tied to prior grants were achieved. These awards vest in full three years from their respective grant dates, rewarding both meeting performance measurements and remaining with SkyWest over that period.