Sky Harbour Group Corp·4

Apr 9, 5:03 PM ET

GESSOW ANDREW J 4

Research Summary

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Sky Harbour (SKYH) Director Andrew Gessow Receives RSU Awards

What Happened
Andrew J. Gessow, a director of Sky Harbour Group Corp (SKYH), received equity awards reported on Form 4. On 2026-02-18 he was granted 7,910 restricted stock units (RSUs) (no cash price). On 2026-04-07 he received 5,000 shares of Class A common stock valued at $9.88 each (total value $49,400). These transactions are coded as awards/grants (A).

Key Details

  • Transaction dates and prices:
    • 2026-02-18: 7,910 RSUs granted, $0.00 per unit (RSU award)
    • 2026-04-07: 5,000 shares granted, $9.88 per share (total $49,400)
  • Reported holdings after these transactions: 5,000 shares of Class A common stock and 7,910 RSUs (total 12,910 when counting shares + RSUs).
  • Footnotes: F1 — RSUs represent contingent rights to one share per vested RSU and vest in installments per the RSU agreement; F2 — reported amount includes both the 5,000 shares and the 7,910 RSUs.
  • Filing/Timeliness: Form 4 was filed 2026-04-09. The 2026-02-18 RSU grant appears to have been reported late relative to the usual two-business-day Form 4 deadline; the 2026-04-07 grant was reported within two business days.

Context
RSUs are deferred equity awards that convert to shares only as they vest and generally do not require immediate cash outlay; they are typically used for compensation/retention rather than direct market buying. Grants are not the same as open-market purchases — they reflect company compensation and do not by themselves indicate the insider purchased shares with personal funds.