Form 4: Sky Quarry Director Acquires 150,000 Shares

Sky Quarry Inc. Director Leo B. Womack acquired 150,000 shares of common stock on November 5, 2025, under the company's 2020 Stock Plan.

Summary

• Leo B. Womack, a Director of Sky Quarry Inc. (SKYQ), acquired 150,000 shares of common stock.
• The transaction occurred on November 5, 2025.
• The shares were acquired at a price of $0.0000 per share, indicating a grant or award.
• The acquisition was made pursuant to the company's 2020 Stock Plan.
• All acquired shares vested immediately upon issuance.
• Following this transaction, Leo B. Womack beneficially owns a total of 233,334 shares of common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if granted, generally signals alignment of interests with shareholders and indicates confidence in the company's future. The immediate vesting is also a positive sign.

Positives

• Director Leo B. Womack increased his beneficial ownership in Sky Quarry Inc. by 150,000 shares, aligning his interests with shareholders.
• The shares vested immediately upon issuance, indicating full ownership and commitment.

Negatives

• The shares were acquired at a price of $0.0000, meaning there was no direct cash investment by the director in this specific transaction.

Industry Context

This transaction is a routine insider filing, common across all industries, where company directors or officers report changes in their beneficial ownership of company securities. It does not provide broader industry trends but reflects internal corporate governance and compensation practices.

Corporate Governance

Related Party Transactions

• Issuance of 150,000 shares of common stock to Director Leo B. Womack by Sky Quarry Inc. under the 2020 Stock Plan.

Stakeholder Impact

• Shareholders: The increased ownership by a director can be viewed positively as it aligns management's interests with shareholder value creation.

Key Dates

Recommendation

The acquisition of shares by a director, even through a grant, generally signals alignment of interests with shareholders. However, this single transaction, without a cash outlay by the director, is not sufficient to warrant a strong buy or sell recommendation. It's a positive signal for holding the stock, indicating insider confidence.

Keywords

Sky Quarry, SKYQ, Form 4, Insider Transaction, Beneficial Ownership, Director, Stock Plan, Equity Grant