# EDGAR Filing Document

**Accession Number:** 0001236945
**File Stem:** 0000891839-25-000161
**Filing Date:** 2025-12
**Character Count:** 7561
**Document Hash:** 1c0c61b375eb837f2cea38d3e4a1e3a1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000891839-25-000161.hdr.sgml**: 20251202

**ACCESSION NUMBER**: 0000891839-25-000161

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20251202

**DATE AS OF CHANGE**: 20251202

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** WACHTEL WILLIAM B
- **CENTRAL INDEX KEY:** 0001236945

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-52593
- **FILM NUMBER:** 251544767

**MAIL ADDRESS:**
- **STREET 1:** 110 EAST 59TH ST
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Saker Aviation Services, Inc.
- **CENTRAL INDEX KEY:** 0001128281
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIRPORTS, FLYING FIELDS & AIRPORT TERMINAL SERVICES [4581]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 870617649
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 885 2ND AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-909-9500

**MAIL ADDRESS:**
- **STREET 1:** 885 2ND AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FirstFlight, Inc.
- **DATE OF NAME CHANGE:** 20070104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FBO AIR, INC.
- **DATE OF NAME CHANGE:** 20040929

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SHADOWS BEND DEVELOPMENT INC
- **DATE OF NAME CHANGE:** 20010220

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>WACHTEL WILLIAM B<br><sub>(Last) (First) (Middle)</sub><br>885 2ND AVENUE<br><sub>(Street)</sub><br>NEW YORK, NY 10017<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-11-30 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [X] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President and CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Saker Aviation Services, Inc. [ SKAS ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-11-30 |  | M |  | 3333 | A | $2.58 | 261029 | D |  |
| Common Stock | 2025-11-30 |  | M |  | 3333 | A | $2.58 | 264362 | D |  |
| Common Stock | 2025-11-30 |  | M |  | 3333 | A | $3.45 | 267695 | D |  |
| Common Stock | 2025-11-30 |  | M |  | 3333 | A | $3.45 | 271028 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option (Right to Buy) | $2.58 | 2025-11-30 |  | M |  |  | 3333 | 2021-12-01 | 2025-12-01 | Common Stock | 3333 | $0 | 0 | D |  |
| Stock Option (Right to Buy) | $2.58 | 2025-11-30 |  | M |  |  | 3333 | 2021-12-01 | 2025-12-01 | Common Stock | 3333 | $0 | 0 | D |  |
| Stock Option (Right to Buy) | $3.45 | 2025-11-30 |  | M |  |  | 3333 | 2022-12-01 | 2026-12-01 | Common Stock | 3333 | $0 | 0 | D |  |
| Stock Option (Right to Buy) | $3.45 | 2025-11-30 |  | M |  |  | 3333 | 2022-12-01 | 2026-12-01 | Common Stock | 3333 | $0 | 0 | D |  |
| Stock Option (Right to Buy) | $6.8 | 2025-12-01 |  | A |  | 3333 |  | 2026-12-01 | 2030-12-01 | Common Stock | 3333 | 0<sup>(1)</sup> | 3333 | D |  |
| Stock Option (Right to Buy) | $5.4 |  |  |  |  |  |  | 2023-12-01 | 2027-12-01 | Common Stock | 3333 |  | 3333 | D |  |
| Stock Option (Right to Buy) | $5.4 |  |  |  |  |  |  | 2023-12-01 | 2027-12-01 | Common Stock | 3333 |  | 3333 | D |  |
| Stock Option (Right to Buy) | $7.52 |  |  |  |  |  |  | 2024-12-01 | 2028-12-01 | Common Stock | 3333 |  | 3333 | D |  |
| Stock Option (Right to Buy) | $7.52 |  |  |  |  |  |  | 2024-12-01 | 2028-12-01 | Common Stock | 3333 |  | 3333 | D |  |
| Stock Option (Right to Buy) | $8.13 |  |  |  |  |  |  | 2025-12-01 | 2029-12-01 | Common Stock | 3333 |  | 3333 | D |  |
| Stock Option (Right to Buy) | $8.13 |  |  |  |  |  |  | 2025-12-01 | 2029-12-01 | Common Stock | 3333 |  | 3333 | D |  |

---

### Footnotes:

(1) This option was granted under the Issuer's 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3.

**Signature:** /s/ Mark Raab, Attorney-in-Fact for William B. Wachtel  
**Date:** 2025-12-02

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**