Form 4: Director Alexander Monje Receives Equity Grant

Director Alexander Monje was granted 50,000 shares of Sky Quarry Inc. common stock under the 2024 Equity Incentive Plan.

Summary

• Director Alexander Monje acquired 50,000 shares of common stock on May 27, 2026.
• The shares were granted as an equity award under the Sky Quarry Inc. 2024 Equity Incentive Plan.
• The transaction price was $0.00 per share, representing a standard equity compensation grant.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation practices.

Positives

• Alignment of director interests with shareholders through equity ownership.

Negatives

• Dilutive effect of new equity issuance on existing shareholders.

Risks

• General market risks associated with equity-based compensation plans.

Future Outlook

The filing does not provide forward-looking financial guidance, as it is a standard disclosure of director equity compensation.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices intended to incentivize long-term performance and align leadership with shareholder value.

Comparison to Industry Standards

• The grant of equity to directors is a common practice among publicly traded companies to ensure board member retention and alignment.
• The use of an established 2024 Equity Incentive Plan is consistent with standard corporate compensation structures.

Corporate Governance

Stakeholder Impact

• Shareholders may experience minor dilution from the issuance of new shares.

Next Steps

• No further actions required by the reporting person regarding this specific transaction.

Key Dates

Keywords

Sky Quarry Inc, SKYQ, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation