Form 4: Director Nancy Fares Receives RSU Grant at SkyWater

Director Nancy Fares was granted 4,304 restricted stock units in SkyWater Technology, Inc. as part of equity compensation.

Summary

• Director Nancy Fares acquired 4,304 restricted stock units (RSUs) of SkyWater Technology, Inc. common stock.
• The transaction occurred on June 10, 2026.
• The shares were granted at a price of $0, representing equity-based compensation.
• Following this transaction, the director's total beneficial ownership increased to 47,805 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a member of the board.

Negatives

• None identified.

Risks

• Vesting of RSUs is contingent upon the reporting person's continued service on the board until the date immediately preceding the next annual meeting of stockholders.

Future Outlook

The RSUs are scheduled to vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders, subject to continued service.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder value in the semiconductor manufacturing sector.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for publicly traded technology companies.
• The vesting schedule tied to the annual meeting is a common retention mechanism for board members.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of the 4,304 RSUs on the date preceding the next annual meeting of stockholders.

Key Dates

Keywords

SkyWater Technology, SKYT, Form 4, Insider Trading, Director Compensation, Restricted Stock Units