SkyWest (SKYW) CCO receives 51,970 share awards under incentive plan

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.

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^*

Steel Wade J

(Last) (First) (Middle)

444 S RIVER ROAD

(Street)

SAINT 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)
	CHIEF COMMERCIAL OFFICER

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		3,615(1)	A	$0	106,031	D
Common Stock	02/03/2026		A		35,748(2)	A	$0	141,779	D
Common Stock	02/03/2026		A		8,710(3)	A	$0	150,489	D
Common Stock	02/03/2026		A		3,897(4)	A	$0	154,386	D
Common Stock								10,451	I	By 401K Plan

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 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.

3. 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.

4. 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/ Wade J. Steel	02/05/2026
	** 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).
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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.

How many SkyWest shares did Wade J. Steel acquire in this Form 4?

Wade J. Steel acquired four separate blocks of SkyWest common stock: 3,615, 35,748, 8,710, and 3,897 shares. These were issued without cash payment, reflecting vesting and performance achievements tied to restricted stock and performance stock unit awards under the company’s incentive plan.

What types of awards underlie Wade J. Steel’s new SkyWest share holdings?

The reported acquisitions stem from restricted stock units and performance stock units granted under SkyWest’s Long-Term Incentive Plan. Some units were newly issued time-based restricted stock, while others were issued upon achieving performance measurements for awards granted in 2023, 2024, and 2025.

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.

How many SkyWest shares does Wade J. Steel own after these transactions?

Following the reported awards, Wade J. Steel beneficially owned 154,386 SkyWest common shares directly. He also held 10,451 additional shares indirectly through a 401(k) plan, reflecting his total reported beneficial ownership across direct and retirement-plan accounts in this filing.

Did Wade J. Steel sell any SkyWest shares in this Form 4 filing?

No sales were reported; all listed transactions use code “A” for acquisitions of common stock at $0 per share. The filing reflects equity compensation awards and performance-related issuances, rather than open-market purchases or sales, under SkyWest’s Long-Term Incentive Plan and related programs.