SkyWest (SKYW) awards 3,217 restricted stock units to general counsel

Rhea-AI Filing Summary

SkyWest Inc. reported an equity award to its General Counsel, Dale T. Hansen. On February 3, 2026, he was granted 1,506 restricted stock units and 1,711 performance-based restricted stock units under the SkyWest Long-Term Incentive Plan, each unit representing the right to receive one share of common stock.

The 1,506 restricted stock units vest in three equal annual installments from the grant date, while the 1,711 units were issued upon achievement of performance measurements and will vest in full three years from their February 2025 grant date. Following these grants, Hansen beneficially owned 4,413 shares of common stock directly.

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

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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^*

Hansen Dale T

(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)
	General Counsel

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		1,506(1)	A	$0	2,702	D
Common Stock	02/03/2026		A		1,711(2)	A	$0	4,413	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 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/ Dale T. Hansen	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider equity grant did SkyWest (SKYW) report for its general counsel?

SkyWest reported that General Counsel Dale T. Hansen received two restricted stock unit grants on February 3, 2026. One award was time-based and the other followed achievement of performance measurements, both issued under the company’s Long-Term Incentive Plan and settled in common stock upon vesting.

How many restricted stock units did SkyWest (SKYW) grant to Dale T. Hansen?

Dale T. Hansen received 1,506 restricted stock units plus 1,711 performance-based restricted stock units. Each unit represents a contingent right to receive one share of SkyWest common stock, reflecting a total of 3,217 potential shares subject to the plan’s vesting conditions and performance criteria.

What are the vesting terms of the new SkyWest (SKYW) restricted stock units?

The 1,506 restricted stock units vest one third each year over three years from the grant date. The 1,711 performance-based units, issued after meeting performance measurements from February 2025 awards, will vest in full three years from that original grant date, assuming continued eligibility.

Did Dale T. Hansen pay a purchase price for the SkyWest (SKYW) restricted stock units?

The filing lists both restricted stock unit-related share acquisitions at a price of $0 per share. This indicates the awards were granted as equity compensation under SkyWest’s Long-Term Incentive Plan rather than purchased on the open market or through an employee stock purchase program.

How many SkyWest (SKYW) shares does Dale T. Hansen own after these transactions?

After the reported February 3, 2026 transactions, Dale T. Hansen beneficially owned 4,413 shares of SkyWest common stock directly. This figure reflects the updated total reported in the Form 4 following the addition of shares tied to the newly granted restricted stock units.

What plan governs the restricted stock units granted by SkyWest (SKYW)?

Both restricted stock unit grants were issued under the SkyWest, Inc. Long-Term Incentive Plan. This plan provides equity-based awards, including time-vested and performance-based restricted stock units, each representing a contingent right to receive one share of SkyWest common stock upon fulfillment of vesting requirements.