Form 4: Sky Harbour Group CFO Sells Shares to Cover Tax Obligations
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
| Date | Description |
|---|---|
| 02/15/2030 | Vesting date for stock options to buy 250,000 Class A Common Stock shares at $11.63 |
| 02/15/2034 | Expiration date for stock options to buy 250,000 Class A Common Stock shares at $11.63 |
| 02/18/2031 | Vesting date for stock options to buy 222,541 Class A Common Stock shares at $11.07 |
| 02/18/2035 | Expiration date for stock options to buy 222,541 Class A Common Stock shares at $11.07 |
| 05/07/2025 | Date of transaction where CFO disposed of shares to cover tax liabilities. |
| 05/09/2025 | Date 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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