Form 4: Sky Quarry Director Gifts Shares

Sky Quarry Inc. Director Matthew C. Flemming reported gifting 54,545 shares of common stock on October 28, 2025, reducing his beneficial ownership to 28,789 shares.

Summary

• Matthew C. Flemming, a Director of Sky Quarry Inc. (ticker: SKYQ), reported a transaction involving the company's common stock.
• On October 28, 2025, Mr. Flemming disposed of 54,545 shares of common stock through a gift (Transaction Code G).
• The price per share for this transaction was $0.
• Following this transaction, Mr. Flemming beneficially owns 28,789 shares of Sky Quarry Inc. common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a gift of shares, which is a non-market transaction and does not reflect a direct investment decision based on valuation or market conditions. Therefore, it is considered neutral in terms of market sentiment.

Future Outlook

This filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a standard insider transaction report (Form 4) and does not provide information relevant to broader industry trends or competitive analysis. It solely details a change in beneficial ownership for a company director.

Stakeholder Impact

• Shareholders: The beneficial ownership of a director has decreased by 54,545 shares, which represents a minor reduction in insider alignment, though it was a gift rather than a sale for value.

Key Dates

Recommendation

The filing reports a gift of shares by a director, which is a non-market transaction and does not reflect a direct investment decision based on valuation or market conditions. Therefore, it provides insufficient information to alter an existing investment thesis or make a strong buy/sell recommendation.

Keywords

Sky Quarry, Matthew Flemming, Form 4, Insider Transaction, Common Stock, Director, Share Gift