Conjeevaram Smita 4

What Happened

• Smita Conjeevaram, a non-employee director of SkyWest, Inc. (SKYW), was granted 1,219 deferred stock units on 2026-05-05. The filing shows an acquisition price of $0.00, so the reported value of this award in the Form 4 is $0.
• The award was issued and vested in full upon issuance under SkyWest’s Long-Term Incentive Plan and Deferred Compensation Plan for Non-Employee Directors (see footnote F1).

Key Details

• Transaction date: 2026-05-05; Report filed: 2026-05-07 (timely).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 1,219 deferred stock units @ $0.00 (total reported $0).
• Shares owned after transaction: The excerpt does not list a consolidated share total; filing notes include 5,106 vested deferred stock units referenced in footnote F2.
• Footnotes: F1 — units issued under the LTIP and Deferred Compensation Plan and vested in full upon issuance. F2 — filing includes 5,106 vested deferred stock units; each unit is a contingent right to one share, payable upon separation from service, death/disability, or a change in control.
• Filing timeliness: Filed two days after the transaction date, which is routine and not flagged as late.

Context

• Deferred stock units (DSUs) are not immediate common shares; they represent a contingent right to receive stock (or cash/stock per plan) upon specified events such as separation, death/disability, or change in control. This award increases director compensation exposure to company stock but does not reflect an immediate purchase or sale.
• Grants to non-employee directors are common as compensation and do not necessarily signal personal bullish/bearish trading by the insider.