Saker Aviation Services, Inc.: 10% owner Eriksen Howard Timothy bought 12,700 shares

What happened Eriksen Howard Timothy, identified as a 10% owner, purchased 12,700 shares of Saker Aviation Services, Inc. in an open market or private purchase on Oct 20, 2026, at $5.52 per share for $70,104. The Form 4 was filed Oct 21, 2026 (period of report Oct 20, 2026).

Key details

• Transaction date and price: Oct 20, 2026; purchase price $5.52 per share; transaction code P (purchase).
• Shares reported as owned: the filing represents 131,370 shares owned by Cedar Creek Partners LLC and 54,133 shares owned by managed accounts of Eriksen Capital Management LLC (ECM), totaling 185,503 shares. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
• Footnotes: F1 explains the shares held by Cedar Creek Partners LLC and managed accounts of ECM and the disclaimer of beneficial ownership; F2 states the Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen and that ECM's investment advisory agreement may cause Mr. Eriksen to be deemed to beneficially own those shares.
• Filing timeliness: Form filed on Oct 21, 2026 (transaction on Oct 20, 2026).

Why it may matter

• Transaction type: purchase (open market or private purchase).
• 10% owner: the filing identifies Mr. Eriksen as a 10% owner, indicating a large shareholder role rather than a company executive. A filing does not show why the insider traded or why the company acted.