Form 4: Director Omar Hussein Receives Equity Grant in Sky Quarry

Director Omar Hussein was granted 30,000 shares of Sky Quarry Inc. common stock under the company's 2024 Equity Incentive Plan.

Summary

• Director Omar Hussein acquired 30,000 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, indicating a standard equity compensation grant.
• Following this transaction, Omar Hussein directly owns 30,000 shares of the company.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable as this is a routine disclosure of an equity grant.

Industry Context

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

Comparison to Industry Standards

• The issuance of equity awards to directors is a common practice among publicly traded companies to ensure board members have a vested interest in the company's success.

Stakeholder Impact

• Minor dilution impact on existing shareholders due to the issuance of new equity.

Next Steps

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

Key Dates

Keywords

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