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SkyWest (SKYW) CFO granted new restricted and performance stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SkyWest Chief Financial Officer Robert J. Simmons reported multiple stock awards on February 3, 2026. He acquired 3,615 restricted stock units under the SkyWest Long-Term Incentive Plan, which vest one third each year over three years. He also received 35,748, 8,710 and 3,897 restricted stock units issued upon achieving performance measurements tied to performance stock units originally granted in February 2023, 2024 and 2025, respectively, each vesting in full three years from their grant dates. Each unit represents a contingent right to one share of common stock, all granted at a price of $0 per share, bringing his directly held common stock to 165,987 shares.

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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*
SIMMONS ROBERT J

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
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 3,615(1) A $0 117,632 D
Common Stock 02/03/2026 A 35,748(2) A $0 153,380 D
Common Stock 02/03/2026 A 8,710(3) A $0 162,090 D
Common Stock 02/03/2026 A 3,897(4) A $0 165,987 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. 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/ Robert J. Simmons 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.
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 does SkyWest (SKYW) CFO Robert J. Simmons report in this Form 4?

The Form 4 reports multiple stock awards granted to CFO Robert J. Simmons. He acquired several blocks of restricted stock units and performance-based restricted stock units, all at $0 per share, increasing his directly held SkyWest common stock to 165,987 shares.

How many SkyWest shares did the CFO acquire in the latest Form 4 filing?

The filing shows acquisitions of 3,615, 35,748, 8,710 and 3,897 restricted stock units. Each unit represents a contingent right to receive one share of SkyWest common stock, awarded on February 3, 2026 at a price of $0 per share.

What are the vesting terms for the new SkyWest restricted stock units granted to the CFO?

One grant of 3,615 restricted stock units vests one third each year over three years from the grant date. The other grants, tied to performance stock units from 2023, 2024 and 2025, each vest in full three years from their respective grant dates.

Are the SkyWest CFO’s new stock awards time-based or performance-based?

The awards include both time-based and performance-based elements. One grant is standard restricted stock units vesting annually, while three grants represent restricted stock units issued after meeting performance measurements linked to earlier performance stock unit awards.

Did the SkyWest CFO sell any shares in this Form 4 transaction?

No, the Form 4 only reports acquisitions coded as “A” for the SkyWest CFO. All reported entries are restricted stock unit awards granted at $0 per share, with no dispositions or sales of common stock disclosed in this filing.

What plan governs the new SkyWest stock awards to the CFO?

All the reported awards were issued under the SkyWest, Inc. Long-Term Incentive Plan. This plan covers both standard restricted stock units and performance-based units that convert into restricted stock units when specific performance measurements are achieved.
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