Adler Gerald 4

What Happened

• Gerald Adler, General Counsel & Corporate Secretary of Sky Harbour Group Corp (SKYH), received a grant of 2,825 restricted stock units (RSUs) on 2026-02-18. The award was reported at $0.00 (no cash paid at grant); RSUs convert to shares only upon vesting per the RSU agreement.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely; within the two-business-day SEC window).
• Grant type/code: A (Award/Grant) — 2,825 RSUs granted at $0.00.
• Reported holdings: the filing notes a reported amount that includes 25,220 RSUs (per footnote).
• Footnote overview: F1 — each RSU represents the contingent right to receive one Class A common share when it vests; vesting occurs in installments and requires continued service. F2 — the reported amount shown in the filing includes 25,220 RSUs.
• No indication of a sale or immediate cashless exercise; this is a compensation award, not an open-market purchase.

Context

• RSU awards are standard compensation for executives and typically vest over time; they do not represent immediately traded shares and therefore are not a direct market endorsement or sell signal. Retail investors should view this as an issuance of equity compensation rather than an outright purchase or sale.