SKYW SkyWest Inc

ITEM 5.04—TEMPORARY SUSPENSION OF TRADING UNDER REGISTRANT’S EMPLOYEE BENEFIT PLANS

As previously reported, SkyWest, Inc. (the “Company” ) has elected to change the recordkeeper and trustee for the SkyWest, Inc. Employees’ Retirement Plan (the “Plan”). As a result of this change, there will be a blackout period in which Plan participants and beneficiaries temporarily will be unable to obtain a loan or distribution or direct or diversify their Plan investments, including investments in the Company’s common stock held in the Plan. This period of restriction is necessary in order to transfer Plan account information and Plan assets from Wells Fargo Bank, N.A. to Charles Schwab Trust Bank, the new trustee, and Schwab Retirement Plan Services, Inc., the new recordkeeper. The blackout period is now expected to begin at 4:00 p.m. Eastern time on April 30, 2020, and end during the week of May 24, 2020 (the “Blackout Period”)

On March 31, 2020, the plan administrator distributed a new notice to Plan participants and beneficiaries (the “Updated ERISA Blackout Period Notice”), as required by Section 101(i)(2)(B) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The Company was deemed to receive the issuer notice required by Section 101(i)(2)(E) of ERISA on March 31, 2020, the date that the Updated ERISA Blackout Period Notice was distributed. The Updated ERISA Blackout Period Notice is an update to the previous notice that was sent to Plan participants and beneficiaries on February 14, 2020, as reported by the Company on its Current Report on Form 8-K filed on February 20, 2020.

On March 31, 2020, the Company sent a new notice regarding the Blackout Period (the “Updated Director and Officer Blackout Period Notice” and together with the Updated ERISA Blackout Period Notice, the “Updated Notices”) to its directors and Section 16 officers pursuant to Section 306 of the Sarbanes-Oxley Act of 2002 and Rule 104 of Regulation BTR of the Securities Exchange Act of 1934, as amended, notifying them of the Blackout Period and the restrictions on trading in the Company’s securities that apply to them during the Blackout Period. The Updated Director and Officer Blackout Period Notice is an update to the previous notices that the Company sent to its directors and Section 16 officers on February 17, 2020 and March 17, 2020, as reported by the Company on its Current Reports on Form 8-K filed on February 20, 2020 and March 17, 2020, respectively.

The foregoing description of the Updated Notices does not purport to be complete and is qualified in its entirety by reference to the complete text of the Updated Notices, which are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference. During the Blackout Period and for a period of two years after the ending date of the Blackout Period, security holders or other interested persons may obtain, without charge, information about the actual beginning and ending dates of the Blackout Period and other information regarding the Blackout Period by contacting SkyWest’s Director, Risk and Benefits, by telephone at (435) 634-3222, or in writing, at bhiggins@skywest.com or 444 South River Road, St. George, Utah 84790-2086.