secwatch.observer — SEC 8-K summary
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Issuer:     Sky Harbour Group Corp (SKYH)
CIK:        0001823587
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001437749-24-000437
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sky Harbour appoints new COO, raises Dallas-Addison Phase 1 budget to $30-32M
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- COO Alexander Saltzman stepped down Dec 31, 2023; unvested incentive units fully vest, RSUs forfeited.
- Will Whitesell appointed COO effective Jan 3, 2024; $500K base salary, target bonuses up to 300% of salary, $1.1M RSU grant.
- Loren Benedict joins as chief of operations at subsidiary RapidBuilt, bringing PEMB experience.
- Dallas-Addison Phase 1 budget increased to $30-32M from $25-27M due to owner-initiated improvements; funded from corporate cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823587/000143774924000437/0001437749-24-000437-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823587/000143774924000437/ysac20240102_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-000437

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer