SkyWest director Derek Leathers gets 1,219 shares

LEATHERS DEREK J reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 05/07/2026 - 06:43 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

LEATHERS DEREK J reported acquisition or exercise transactions in this Form 4 filing.

SkyWest, Inc. director Derek J. Leathers received 1,219 shares of Common Stock on a grant basis, with no cash price per share reported. The shares were issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan and increase his directly held stake to 4,019 shares.

Insider Trade Summary

Grant/Award: 1,219 shares

Grant/Award 1 txn

Insider LEATHERS DEREK J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,219	$0.00	$0.00

Holdings After Transaction: Common Stock — 4,019 shares (Direct)

Holdings Before and After: Common Stock, 2,800 to 4,019 shares (Direct)

Footnotes (1)

1. F1. Shares issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan.

Key Figures

Shares granted: 1,219 shares Grant price per share: $0.00 per share Total shares after grant: 4,019 shares +1 more

4 metrics

Shares granted 1,219 shares Common Stock grant on May 5, 2026

Grant price per share $0.00 per share Stated transaction price for awarded shares

Total shares after grant 4,019 shares Direct holdings following the transaction

Net buy/sell direction neutral (no open-market trades) Form 4 transaction summary

Key Terms

Long-Term Incentive Plan, Grant, award, or other acquisition, Common Stock, Form 4

4 terms

Long-Term Incentive Plan financial

"Shares issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan."

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): { "issuerName": "SKYWEST INC""

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SKYW director Derek J. Leathers report?

Derek J. Leathers reported receiving 1,219 shares of SkyWest Common Stock. The shares were granted at a stated price of $0.00 per share and were issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan, increasing his directly held position to 4,019 shares.

Was the Derek J. Leathers SKYW transaction an open-market buy or a share grant?

The Derek J. Leathers transaction was a share grant, not an open-market purchase. It is coded as a grant or award acquisition, with 1,219 Common Stock shares issued at $0.00 per share under the SkyWest, Inc. Long-Term Incentive Plan and held directly afterward.

How many SkyWest (SKYW) shares does Derek J. Leathers hold after this Form 4?

After this Form 4 transaction, Derek J. Leathers holds 4,019 shares of SkyWest Common Stock directly. This reflects an increase of 1,219 shares from the grant reported, with no derivative positions shown in the filing’s derivative transaction summary section.

What does the SkyWest Long-Term Incentive Plan disclosure mean for this SKYW Form 4?

The filing notes that the 1,219 shares were issued under the SkyWest, Inc. Long-Term Incentive Plan. This indicates the shares came from a company incentive program rather than a market trade, aligning the director’s holdings more closely with SkyWest’s equity-based incentive structure.

Does the Derek J. Leathers SKYW Form 4 show any stock sales or disposals?

The Form 4 for Derek J. Leathers shows no stock sales or disposals. It reports a single acquisition transaction coded as a grant or award of 1,219 Common Stock shares, increasing his directly held position to 4,019 shares, with no derivative exercises or gifts disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

LEATHERS DEREK J

(Last) (First) (Middle)

444 SOUTH RIVER ROAD

(Street)

ST. GEORGE UTAH 84790

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/05/2026		A		1,219(1)	A	$0	4,019	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. Shares issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan.

	/s/ Derek J Leathers	05/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)