Sky Quarry CFO spouse sells $8461 in common shares

Published 05/09/2025, 23:14
Sky Quarry CFO spouse sells $8461 in common shares

Sherrie Delwo, the spouse of the Chief Financial Officer at Sky Quarry Inc (EXCHANGE:SKYQ), reported selling 18,804 common shares of the company on August 20 and 21, 2025. The shares were sold in two transactions, fetching prices between $0.45 and $0.48, for a total value of $8461. The sales come amid a challenging period for Sky Quarry , with the stock down 14% in the past week and trading near $0.42, close to its 52-week low of $0.39.

On August 20, 18,800 shares were sold at $0.45 per share. The following day, August 21, an additional 4 shares were sold at $0.48 per share. According to InvestingPro, Sky Quarry’s financial health score is currently rated as WEAK, with 12 key investment insights available to subscribers.

Following these transactions, Delwo directly owns 81,496 common shares of Sky Quarry Inc. The sales were disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC) on September 5, 2025, with a footnote indicating that the form was filed late due to unintentional delay in reporting the transactions.

In other recent news, Sky Quarry Inc. announced that its subsidiary, Foreland Refining Corporation, has launched a crowdfunding campaign to support operations at Nevada’s only active crude oil refinery. The Eagle Springs refinery, located in Railroad Valley, produces diesel, asphalt, vacuum gas oil, and naphtha, catering to mining, industrial, and transportation sectors across the Western U.S. Additionally, Sky Quarry is exploring a strategic initiative to establish a digital asset treasury as part of its capital allocation strategy. This initiative aims to strengthen the company’s balance sheet and create shareholder value. To facilitate this, Sky Quarry has formed an internal working group and engaged industry advisors. The digital asset strategy will potentially include investments in digital currencies, stablecoins, and other blockchain-based instruments. These developments reflect Sky Quarry’s efforts to diversify its business model and enhance its financial position.

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