Form 4: Sky Harbour Group CEO Tal Keinan Disposes of Shares to Cover Tax Obligations

Tal Keinan, CEO of Sky Harbour Group Corp, disposed of 18,619 shares of Class A Common Stock to cover tax liabilities related to vesting restricted stock units.

Summary

• On May 17, 2023, Tal Keinan, the CEO of Sky Harbour Group Corp, disposed of 18,619 shares of Class A Common Stock.
• The transaction was executed to cover the reporting person's tax liability by withholding shares in connection with the vesting of an aggregate of 52,674 RSUs, which occurred monthly from May 17, 2023 to February 17, 2025.
• The shares were disposed of at a price of $8.23 per share.
• Following the transaction, Keinan directly owns 56,381 shares of Class A Common Stock, including 34,055 shares and 22,326 RSUs.
• Keinan also holds non-qualified stock options for 222,541 shares of Class A Common Stock, granted on February 18, 2025, exercisable until February 18, 2031, and expiring on February 18, 2035.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so it's neutral from an investment perspective.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock; this provides transparency to the market.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.

Key Dates