Sky Quarry Inc.·4

May 29, 7:11 PM ET

LAUN MARCUS G 4

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Sky Quarry (SKYQ) Interim CEO Marcus G. Laun Receives 30,000-Share Award

What Happened
Marcus G. Laun — Sky Quarry Inc. interim CEO, President, interim CFO and director — was granted 30,000 shares of common stock as an equity award under the Sky Quarry Inc. 2024 Equity Incentive Plan. The award is reported as acquired at $0.00 per share (total reported value $0), which reflects an equity grant rather than an open‑market purchase.

Key Details

  • Transaction date: 2026-05-27 (reported on Form 4 filed 2026-05-29).
  • Transaction type/code: Award/Grant (code A).
  • Shares granted/acquired: 30,000 shares at $0.00 per share (total $0 reported).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: Grant made under the 2024 Equity Incentive Plan; reported beneficial ownership reflects a 1-for-8 reverse stock split effected since the reporting person's last Form 4.
  • Filing timeliness: Filed two days after the transaction (appears timely under Form 4 rules).

Context
An "award/grant" is typically a compensation or incentive award and does not represent an open‑market buy or sale. Such grants often vest over time or are subject to company plan terms; the filing does not state vesting or whether any shares were withheld for taxes. Awards can indicate management alignment with shareholder interests but, by themselves, are routine compensation actions and should not be interpreted as a straightforward bullish purchase.