SkyWest CCO covers taxes with 43,248-share transfer
SkyWest Inc.'s chief commercial officer Wade J. Steel reported a tax-related share disposition.
Rhea-AI Filing Summary
SkyWest Inc.'s chief commercial officer Wade J. Steel reported a tax-related share disposition. On 02/09/2026, he transferred 43,248 shares of SkyWest common stock at $105.96 per share under transaction code F, which indicates shares were used to cover a tax liability.
After this transaction, he directly owned 111,138 shares of common stock and indirectly held 10,451 shares through a 401K plan. This filing reflects an administrative tax-withholding event rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 43,248 shares
Exercise Price or Tax Liability
2 txns
Insider
Steel Wade J
Role
CHIEF COMMERCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 43,248 | $105.96 | $4.58M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 111,138 shares (Direct);
Common Stock — 10,451 shares (Indirect, By 401K Plan)
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SKYW chief commercial officer Wade Steel report?
Wade J. Steel reported a tax-related share disposition involving 43,248 SkyWest common shares. The transaction used code F, meaning shares were delivered to satisfy tax obligations arising from an equity award rather than sold in the open market.
Was Wade Steel’s SKYW Form 4 transaction an open-market sale?
The Form 4 shows transaction code F, indicating shares were used to pay a tax liability. This means the 43,248 SkyWest shares were delivered for tax withholding related to an equity award, not executed as a standard open-market sale.
What does transaction code F mean in Wade Steel’s SKYW Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 43,248 SkyWest common shares were surrendered at $105.96 each to cover taxes, rather than being bought or sold for investment purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.