Form 4: Sky Harbour Group Corp: Director Moelis Reports Changes in Beneficial Ownership

Director Jordan Scott Moelis reports acquisition of restricted stock units and continued indirect ownership of Class B Common Stock through Center Sky Harbour LLC.

Summary

• On February 18, 2025, Jordan Scott Moelis, a director of Sky Harbour Group Corp, reported changes in beneficial ownership.
• Moelis acquired 6,323 restricted stock units (RSUs) under the company's 2022 Incentive Award Plan, each representing the right to receive one share of Class A Common Stock upon vesting.
• The reported amount includes these 6,323 RSUs.
• Moelis also indirectly owns 11,637,960 shares of Class B Common Stock and 11,637,690 Common Units through Center Sky Harbour LLC.
• These Common Units can be redeemed for Class A Common Stock on a one-to-one basis, according to the Third Amended and Restated Operating Agreement of Sky Harbour LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of RSUs aligns the director's interests with the company's performance and shareholder value.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the ownership structure and alignment of interests of company directors.

Key Dates

Keywords

beneficial ownership, Form 4, Sky Harbour Group Corp, RSUs, Class A Common Stock, Class B Common Stock, Center Sky Harbour LLC, Jordan Scott Moelis, director, redemption, Common Units