Form 4: SkyWest Exec VP Greg Wooley Reports Acquisition of Common Stock and Restricted Stock Units

SkyWest's Executive VP of Operations, Greg Wooley, reports the acquisition of common stock and restricted stock units through the company's Long-Term Incentive Plan.

Summary

• On February 4, 2025, Greg Wooley, Executive VP of Operations at SkyWest Inc., reported the acquisition of common stock and restricted stock units.
• Wooley acquired 1,613 common stock units, 12,031 restricted stock units related to performance stock units granted in February 2022, 21,135 restricted stock units related to performance stock units granted in February 2023, and 5,270 restricted stock units related to performance stock units granted in February 2024.
• The restricted stock units were issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan and will vest in full three years from the date of grant.
• Each restricted stock unit represents a contingent right to receive one share of common stock.
• Following these transactions, Wooley beneficially owns 99,107 shares of SkyWest Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and alignment with long-term company performance.

Positives

• The acquisition of restricted stock units demonstrates management's alignment with the company's long-term performance through the Long-Term Incentive Plan.

Future Outlook

The restricted stock units will vest in full three years from the date of grant, indicating a long-term incentive structure.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the airline industry.

Stakeholder Impact

• The acquisition of restricted stock units aligns management's interests with those of shareholders, potentially driving long-term value creation.

Key Dates