Childs Russell A 4

What Happened
Russell A. Childs, President & CEO and a director of SkyWest, Inc. (SKYW), was granted a total of 148,702 restricted stock units (RSUs) on February 3, 2026. The award consisted of four grants (10,091; 102,770; 24,816; and 11,025 RSUs), each issued at $0.00 per unit (no cash paid). Each RSU is a contingent right to receive one share of SkyWest common stock if and when the units vest.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (filed two business days after the grants).
• Total RSUs granted: 148,702 (10,091 + 102,770 + 24,816 + 11,025); grant price reported as $0.00.
• Shares owned after transaction: not disclosed in the provided data.
• Footnotes / vesting:
  • One grant (10,091 RSUs) appears to vest one-third each year over three years under the LTIP (time-based RSUs).
  • The other grants (102,770; 24,816; 11,025 RSUs) represent RSUs issued upon achievement of performance metrics tied to prior performance stock unit awards (grants from Feb 2023, Feb 2024, and Feb 2025) and will vest in full three years from the date of grant.
• Nature of transaction code: A = Award/Grant (not a purchase or sale).

Context

• RSU awards are a form of compensation and do not involve an open-market purchase or sale; no cash changed hands at grant. Performance-based RSUs are contingent on meeting stated metrics and a future vesting schedule.
• Such grants are common as executive compensation and do not necessarily signal immediate insider buying or selling intent.