SkyWest's CEO Just Sold $5.7 Million in Stock. Here's What Long-Term Investors Should Know
The insider liquidation trimmed his equity stake by 12% while stock trades near flat on the year.
Overview
Russell A. Childs, the president and CEO of SkyWest, Inc. (NASDAQ:SKYW), sold 50,500 shares of common stock on July 28, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($113.21); post-transaction value based on July 28, 2026, market close ($113.75).
Details
SkyWest, Inc. is a leading regional airline operator with a market capitalization of $4.3 billion and TTM revenues of $4.2 billion. The company maintains a competitive position through its substantial fleet capacity and dual revenue model combining airline operations with aircraft leasing services. SkyWest's operational scale and diversified business segments position it as a significant participant in the regional aviation sector.
Source
Originally published at www.fool.com.