Form 4: Sky Harbour Group CFO Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Francisco Gonzalez, CFO of Sky Harbour Group Corp, disposed of shares to cover tax liabilities related to vested RSUs.

Summary

  • Francisco Gonzalez, the CFO of Sky Harbour Group Corporation, filed a Form 4 detailing changes in beneficial ownership.
  • On May 7, 2025, Gonzalez disposed of 5,104 shares of Class A Common Stock at a price of $11.43 per share to cover tax liabilities.
  • This transaction was related to the vesting of 10,000 RSUs.
  • Following the transaction, Gonzalez beneficially owns 504,618 shares of Class A Common Stock, which includes 143,506 shares and 361,112 RSUs.
  • Gonzalez also holds non-qualified stock options to purchase 250,000 shares at $11.63 and 222,541 shares at $11.07, vesting on February 15, 2030/February 18, 2031 and expiring on February 15, 2034/February 18, 2035 respectively.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects a routine transaction for tax purposes and doesn't indicate any significant positive or negative developments for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's sale of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

DateDescription
02/15/2030Vesting date for stock options to buy 250,000 Class A Common Stock shares at $11.63
02/15/2034Expiration date for stock options to buy 250,000 Class A Common Stock shares at $11.63
02/18/2031Vesting date for stock options to buy 222,541 Class A Common Stock shares at $11.07
02/18/2035Expiration date for stock options to buy 222,541 Class A Common Stock shares at $11.07
05/07/2025Date of transaction where CFO disposed of shares to cover tax liabilities.
05/09/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Sky Harbour Group Corp, SKYH, Francisco Gonzalez, CFO, Stock Options, RSUs, Tax Liability, Class A Common Stock

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