SkyWest (SKYW) CFO granted new restricted and performance stock units
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
SIMMONS ROBERT J
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,615 | $0.00 | -- |
| Grant/Award | Common Stock | 35,748 | $0.00 | -- |
| Grant/Award | Common Stock | 8,710 | $0.00 | -- |
| Grant/Award | Common Stock | 3,897 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 117,632 shares (Direct)
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 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.
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.
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.