SkyWest (SKYW) CCO sells 7,371 shares and gifts 5,700
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SkyWest Inc. chief commercial officer Wade J. Steel reported multiple stock transactions. He sold 7,371 shares of common stock in open‑market trades on February 18, 2026 at weighted average prices of $106.8864 and $108.4880, with actual sale prices ranging from $106.50 to $107.385 and from $108.04 to $108.88.
Steel also made a charitable transfer and retained a sizable stake. On February 17, 2026, he disposed of 5,700 shares as a bona fide charitable gift for no consideration. After these moves, he directly owned 98,067 shares and indirectly held 10,451 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,371 shares ($792,845)
Net Sell
4 txns
Insider
Steel Wade J
Role
CHIEF COMMERCIAL OFFICER
Sold
7,371 shs ($793K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,258 | $106.8864 | $455K |
| Sale | Common Stock | 3,113 | $108.488 | $338K |
| Gift | Common Stock | 5,700 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 101,180 shares (Direct);
Common Stock — 10,451 shares (Indirect, By 401K Plan)
Footnotes (1)
- Represents a bona fide charitable gift for no consideration. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $106.50 and $107.385. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $108.04 and $108.88. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
FAQ
What insider transactions did SkyWest (SKYW) executive Wade J. Steel report?
Wade J. Steel reported selling shares and making a charitable gift of SkyWest common stock. The filing details open‑market sales on February 18, 2026, and a bona fide charitable gift on February 17, 2026, all involving SkyWest Inc. common shares.
What indirect SkyWest (SKYW) holdings does Wade J. Steel report through his 401(k) plan?
He reports indirect ownership of 10,451 SkyWest common shares through a 401(k) plan. These shares are held in the retirement plan’s account, meaning they are beneficially owned but categorized as indirect rather than directly held in his personal brokerage account.
What role does Wade J. Steel hold at SkyWest (SKYW) in connection with these transactions?
Wade J. Steel serves as chief commercial officer at SkyWest Inc. The reported stock sales, charitable gift, and 401(k) holdings all relate to his beneficial ownership of SkyWest common stock as an executive officer of the company.