Gonzalez Francisco 4
4 · Sky Harbour Group Corp · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Sky Harbour (SKYH) CFO Francisco Gonzalez Receives Equity Awards
What Happened
Francisco Gonzalez, Chief Financial Officer of Sky Harbour Group Corp (SKYH), received equity awards on Feb 18, 2026: 203,390 restricted stock units (RSUs) reported as acquired and 340,807 stock options reported as a derivative grant. Separately, a prior tax-withholding disposition on May 17, 2023 shows 15,320 shares were withheld/disposed at $9.58 per share for a total of $146,766.
Key Details
- Transaction dates and codes:
- 2026-02-18: Grant/Award (A) — 203,390 RSUs acquired (@ $0.00 reported value).
- 2026-02-18: Grant/Award (A) — 340,807 stock options (derivative) granted (@ $0.00 reported value).
- 2023-05-17: Tax withholding/payment (F) — 15,320 shares disposed @ $9.58 = $146,766.
- Shares reported beneficially owned after these filings: 199,559 shares of Class A common stock and 510,029 RSUs (per footnote).
- Footnotes:
- RSUs and stock options were granted under the 2022 Incentive Award Plan and vest in installments contingent on continued service (F1, F2).
- F3 clarifies the reported amounts include 199,559 Class A shares and 510,029 RSUs.
- F4 explains the tax-withholding disposition represented shares withheld to satisfy taxes on RSU vesting (monthly vesting Oct–Dec 2025 for an aggregate 30,000 RSUs; withholding valued by weighted-average closing price).
- Filing timeliness: No late filing flag noted in the report.
Context
The RSU and option grants are awards that vest over time and do not represent an immediate cash purchase; the 2023 disposition was a routine tax-withholding event tied to RSU vesting (coded F). Awards are commonly used for executive compensation and do not, by themselves, indicate intent to buy or sell stock in the market.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-18+203,390→ 724,908 total - Tax Payment
Class A Common Stock
[F4][F3]2023-05-17$9.58/sh−15,320$146,766→ 709,588 total - Award
Non-Qualified Stock Option (Right to Buy)
[F2]2026-02-18+340,807→ 340,807 totalExercise: $8.85From: 2032-02-18Exp: 2036-02-18→ Class A Common Stock (340,807 underlying)
- 250,000
Non-Qualified Stock Option (Right to Buy)
[F2]Exercise: $11.63From: 2030-02-15Exp: 2034-02-15→ Class A Common Stock (250,000 underlying) - 222,541
Non-Qualified Stock Option (Right to Buy)
[F2]Exercise: $11.07From: 2031-02-18Exp: 2035-02-18→ Class A Common Stock (222,541 underlying)
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs") granted under the Sky Harbour Group Corporation 2022 Incentive Award Plan. Each RSU represents the contingent right to receive, in accordance with the terms of the applicable RSU agreement, one share of Class A Common Stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU agreement, provided the reporting person remains in service through the applicable vesting date.
- [F2]Represents stock options granted under the Sky Harbour Group Corporation 2022 Incentive Award Plan. The stock options vest in installments in accordance with the terms of the applicable stock option agreement, provided the reporting person remains in service through the applicable vesting date.
- [F3]Reported amount includes 199,559 shares of Class A Common Stock and 510,029 RSUs.
- [F4]Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of an aggregate of 30,000 RSUs, which occurred monthly from October 14, 2025 to December 31, 2025. The value of the vested shares and the shares withheld to satisfy U.S. Federal and state income taxes is calculated based on the weighted-average closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date.