Form 4: Sky Harbour Group Corp: Officer Michael Weber Schmitt Reports Stock Transactions

Michael Weber Schmitt, Chief Accounting Officer of Sky Harbour Group Corp, reports the disposition of shares to cover tax liabilities and details stock options holdings.

Summary

• Michael Weber Schmitt, Chief Accounting Officer of Sky Harbour Group Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 7, 2025, Schmitt disposed of 375 shares of Class A Common Stock at $11.38 per share to cover tax liabilities related to the vesting of 1,043 RSUs.
• Following the transaction, Schmitt directly owns 52,554 shares of Class A Common Stock, including 19,703 shares and 32,851 RSUs.
• Schmitt also holds non-qualified stock options to purchase 29,918 shares at $11.63, exercisable from February 15, 2030, and 35,894 shares at $11.07, exercisable from February 18, 2031.
• These stock options expire on February 15, 2034, and February 18, 2035, respectively, and were granted under the company's 2022 Incentive Award Plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an officer to cover tax obligations.

Key Dates

Keywords

Form 4, beneficial ownership, stock options, Sky Harbour Group Corp, SKYH, insider trading, Michael Weber Schmitt, RSUs, tax liability