Form 4: Sky Harbour Director Nancoo Receives RSU Grant

Sky Harbour Group Corp. Director Alethia Nancoo reported the acquisition of 7,910 restricted stock units, increasing her beneficial ownership.

Summary

• Alethia Nancoo, a Director of Sky Harbour Group Corp. (SKYH), reported the acquisition of 7,910 Class A Common Stock in the form of Restricted Stock Units (RSUs).
• The transaction date for this acquisition was February 18, 2026.
• These RSUs were granted under the Sky Harbour Group Corporation 2022 Incentive Award Plan.
• Each RSU represents the contingent right to receive one share of Class A Common Stock upon vesting.
• Vesting occurs in installments, contingent on Ms. Nancoo's continued service through the applicable vesting dates.
• Following this transaction, Ms. Nancoo's direct beneficial ownership totals 43,233 securities, comprising 1,000 shares of Class A Common Stock and 42,233 RSUs.
• Additionally, 568 shares of Class A Common Stock are indirectly owned by Ms. Nancoo's spouse, for which she disclaims beneficial ownership except to the extent of her pecuniary interest.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, as it indicates continued alignment of a director's interests with the company's long-term performance through equity compensation. It is a routine disclosure and not indicative of significant operational changes.

Positives

• Director Alethia Nancoo received a grant of 7,910 Restricted Stock Units (RSUs), aligning her interests with long-term shareholder value.
• The grant was made at a price of $0, indicating it is part of an incentive compensation plan.

Risks

• The vesting of the granted Restricted Stock Units (RSUs) is contingent on the reporting person's continued service through the applicable vesting dates, implying a risk of forfeiture if service terms are not met.

Future Outlook

The vesting of the granted Restricted Stock Units (RSUs) will occur in installments, contingent on the reporting person's continued service through the applicable vesting dates.

Industry Context

StockSavvy.ai notes that equity grants, such as Restricted Stock Units (RSUs), are a common component of executive and director compensation packages across various industries, particularly in growth-oriented companies. These grants are designed to align the interests of insiders with long-term shareholder value by tying compensation to future company performance and continued service.

Comparison to Industry Standards

• The grant of Restricted Stock Units (RSUs) to a director is a standard practice in corporate compensation, comparable to practices at companies like Delta Air Lines (DAL) or United Airlines (UAL) which frequently use equity awards to incentivize their leadership.
• The specific number of units (7,910) and the total beneficial ownership (43,233 securities) would need to be benchmarked against peer companies of similar market capitalization and industry to assess if it is within typical ranges for director compensation. Without specific peer data in the filing, a direct quantitative comparison is not possible.

Related Party Transactions

• The filing notes 568 shares of Class A Common Stock are indirectly owned by Ms. Nancoo's spouse. Ms. Nancoo disclaims beneficial ownership except for her pecuniary interest.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director can be seen as a positive for shareholders as it aligns management incentives with long-term company performance.

Next Steps

• The Restricted Stock Units (RSUs) will vest in installments, contingent on Ms. Nancoo's continued service.

Key Dates

Keywords

Sky Harbour Group Corp, SKYH, Form 4, insider transaction, restricted stock units, RSU, director compensation, beneficial ownership, equity grant