Keinan Tal 4

What Happened

• Keinan Tal, CEO of Sky Harbour Group Corp (SKYH), received equity awards on Feb 18, 2026: 225,989 restricted stock units (RSUs) and a derivative award of 358,744 stock options (both reported at $0.00).
• Separately, on May 17, 2025, 6,445 shares were withheld (reported as a disposition) at $9.92 per share to satisfy tax withholding obligations, totaling $63,934. The withholding related to vested RSUs.

Key Details

• Transaction dates/prices:
  • 2026-02-18: Grant/award of 225,989 RSUs @ $0.00 (A).
  • 2026-02-18: Grant of 358,744 stock options (derivative) @ $0.00 (A, derivative).
  • 2025-05-17: Withholding/disposition of 6,445 shares @ $9.92 to cover taxes (F) — $63,934.
• Holdings reported on the Form 4 include 40,863 shares of Class A Common Stock and 228,983 RSUs (per filing footnote).
• Notable footnotes:
  • RSUs and options were granted under the Sky Harbour 2022 Incentive Award Plan (F1, F3). RSUs convert to one share per vested RSU when vesting conditions are met (F1).
  • The 6,445-share disposal was for tax withholding tied to the monthly vesting of an aggregate 12,500 RSUs from May–Dec 2025; withholding was calculated using weighted-average closing prices (F4).
• Filing: Form filed Feb 20, 2026 reporting transactions with a Period of Report date of Feb 18, 2026. No late-filing flag noted in the filing summary.

Context

• RSU grants are compensation awards that convert to shares only upon vesting; stock options are derivative awards that vest per their agreement. These awards are typically part of executive compensation plans and are not open-market purchases or sales by the insider.
• The withheld shares reported as a disposition reflect tax withholding (a common administrative action), not a voluntary market sale.