McHarg Taryn Leonie 4

What Happened

• Taryn Leonie McHarg, CFO (Apollo, a division of Skyward Group), was granted 37,854 restricted stock units (RSUs) on February 25, 2026. The RSUs were awarded at $0.00 cash cost to the reporting person and are a derivative award that represents the right to receive one share per RSU upon settlement. This is an equity award (not a market purchase or sale) and does not represent immediate ownership of common stock until vesting and settlement.

Key Details

• Transaction date: February 25, 2026 (reported on Form 4 filed Feb 27, 2026).
• Instrument: 37,854 RSUs (derivative award); acquisition price listed as $0.00 (no cash paid).
• Vesting schedule (footnote): 50% vest on Jan 1, 2029; remaining 50% vest on Jan 1, 2030 (subject to continued service and RSU agreement).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed two days after the grant date, which appears timely under standard two-business-day reporting rules.
• No sale, purchase, 10b5-1 plan, or tax-withholding sale was disclosed in this filing.

Context

• RSUs are a common form of compensation/retention award for executives; they convert into actual shares only after vesting, so they are not an immediate bullish purchase signal but do indicate future potential equity participation.
• Because no cash changed hands at grant and the units vest over multiple years, the economic value to the insider depends on Skyward’s stock price at vesting and any plan settlement terms.