Woodward Eric 4
Research Summary
AI-generated summary
SkyWest (SKYW) Chief Accounting Officer Eric Woodward Receives 17,962 RSUs
What Happened
- Eric Woodward, SkyWest’s Chief Accounting Officer, received four restricted stock unit (RSU) awards on February 3, 2026 totaling 17,962 RSUs (1,280 + 12,288 + 3,056 + 1,338). Each RSU is a contingent right to one share of common stock; grant price reported as $0.00 (award). These awards are compensation grants, not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (timely).
- Price: $0.00 per RSU (awarded, no cash paid at grant).
- Total RSUs granted: 17,962.
- Shares owned after transaction: not stated in the provided filing details.
- Footnotes/vesting:
- One award set vests one-third each year over three years from the grant date (time-based RSUs).
- Three award sets are restricted stock units issued upon achievement of performance measures tied to prior performance stock unit grants (from 2023, 2024, 2025); those RSUs vest in full three years from the grant date if the performance conditions noted were met.
- No indication of a 10b5-1 plan, tax withholding sale, or late filing in the provided info.
Context
- These are compensation awards (RSUs) that represent future entitlement to shares if vesting conditions are met; they are common executive pay and do not represent an immediate purchase or sale. Performance-related RSUs indicate the company measured and credited performance for portions of previously granted PSUs, but awards will only convert to shares according to the stated vesting schedules.