Form 4: Director Robert Byrne Receives Equity Grant in Sky Quarry

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

Summary

• Director Robert Francis Byrne acquired 30,000 shares of common stock in Sky Quarry Inc.
• The transaction occurred on May 27, 2026.
• The shares were granted as an equity award under the Sky Quarry Inc. 2024 Equity Incentive Plan.
• The acquisition price for the shares was $0.00 per share.

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 insider transaction filing.

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 use of an Equity Incentive Plan for director compensation is consistent with standard practices for publicly traded companies in the United States.

Stakeholder Impact

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

Next Steps

• None identified.

Key Dates

Keywords

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