SkyWest CEO Sells 50,500 Shares, Cutting His Direct Stake

Overview

• Russell A. Childs sold 50,500 SkyWest shares in multiple tranches on July 28, executing at prices between $111.02 and $114.21 and a Form 4 reported weighted average price of $113.21 per share.
• The disposal reduced Childs' direct equity position by 13% and trimmed his total beneficial ownership, including indirect holdings, by about 12%.
• Childs' 12,702-share indirect holding in a 401(k) plan was unchanged and the remaining direct stake was valued at roughly $38.0 million using the July 29 market close price of $109.66.
• The sale is reported via the required SEC Form 4 filing and market-close comparisons, a standard way investors track and value insider trades.
• Investors should note the broader context that SkyWest is a U.S. regional airline with a leasing arm, about $4.3 billion in market value and roughly $4.2 billion in trailing revenues, and that other senior officers have made recent open-market sales which may draw attention to insider activity.