Steel Wade J 4

What Happened Wade J. Steel, Chief Commercial Officer of SkyWest Inc. (SKYW), had 43,248 shares disposed to satisfy a tax/option-related obligation. The shares were recorded at $105.96 per share for a total value of $4,582,558. The Form 4 lists the transaction code F (payment of exercise price or tax liability), indicating the shares were surrendered to cover taxes rather than an open-market sale.

Key Details

• Transaction date: 2026-02-09; filing date: 2026-02-12 (appears filed one business day late).
• Shares disposed: 43,248 at $105.96 per share; total value ≈ $4,582,558.
• Transaction code: F — payment of exercise price or tax liability (commonly shares withheld to cover taxes after an option exercise or restricted share vesting).
• Shares owned after transaction: not specified in the provided filing excerpt — see the full Form 4 for post-transaction holdings.
• Accession: 0001608311-26-000002.

Context Code F transactions are generally routine tax-withholding or cashless-settlement actions and do not necessarily indicate management selling shares as a market view. Purchases typically provide stronger signals about insider conviction. Retail investors should view this as an administrative disposition to satisfy tax obligations; check the full Form 4 for complete ownership and any related option-exercise details.