LEATHERS DEREK J 4
Research Summary
AI-generated summary
SkyWest (SKYW) Director Derek J. Leathers Receives 1,219-Share Award
What Happened
- Derek J. Leathers, a director of SkyWest, Inc. (SKYW), was granted 1,219 shares on 2026-05-05. The shares were issued at $0.00 (no cash paid), for a total reported value of $0. This was an award under the company's long-term incentive plan rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-05; Report filed: 2026-05-07 (filed within the typical two-business-day Form 4 deadline).
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,219; Price per share: $0.00; Reported value: $0.
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnote: F1 — Shares issued pursuant to the SkyWest, Inc. Long-Term Incentive Plan.
- Filing timeliness: Reported two days after the grant, which generally meets Form 4 timing requirements.
Context
- This grant represents compensation/retention under SkyWest’s LTIP and is not an open-market purchase (so it does not directly signal a personal cash investment by the insider).
- Such awards may be subject to vesting conditions or forfeiture provisions (not detailed here). Retail investors should treat grants as compensation events rather than immediate endorsement of the stock price.