SkyWest (SKYW) CCO receives 51,970 share awards under incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SkyWest, Inc. chief commercial officer Wade J. Steel reported equity awards in company stock. On February 3, 2026, he acquired 3,615, 35,748, 8,710, and 3,897 shares of common stock at $0 per share, tied to restricted stock units and performance-based awards under SkyWest’s Long-Term Incentive Plan.
Some units vest one-third each year over three years, while others vest in full three years from their grant dates. After these awards, he directly beneficially owned 154,386 common shares and indirectly held 10,451 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Steel Wade J
Role
CHIEF COMMERCIAL 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 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 106,031 shares (Direct);
Common Stock — 10,451 shares (Indirect, By 401K Plan)
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 insider transaction did SkyWest (SKYW) report for Wade J. Steel?
SkyWest reported that chief commercial officer Wade J. Steel acquired multiple blocks of common stock on February 3, 2026, at $0 per share. The shares relate to restricted stock units and performance-based awards granted under the company’s Long-Term Incentive Plan.
What are the vesting terms for Wade J. Steel’s SkyWest restricted stock units?
One restricted stock unit grant vests one-third each year over three years from the grant date. Other units, issued upon achieving performance measurements for 2023–2025 performance stock unit grants, will vest in full three years from their respective grant dates, subject to the plan conditions.