Form 4: SKYT Director Sells Shares Under Pre-Arranged 10b5-1 Plan

A director and 10% owner of SkyWater Technology, Loren A. Unterseher, through CMI Oxbow Partners, LLC, sold 120,370 shares of common stock for $18.022 per share under a pre-arranged trading plan.

Summary

• Loren A. Unterseher, a Director and 10% Owner of SkyWater Technology, Inc. (SKYT), along with CMI Oxbow Partners, LLC and Oxbow Industries, LLC, filed a Form 4.
• CMI Oxbow Partners, LLC, an entity associated with Mr. Unterseher, sold 120,370 shares of SkyWater Technology common stock on September 26, 2025.
• The shares were sold at a weighted average price of $18.022 per share, with individual sale prices ranging from $18.00 to $18.15.
• The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025.
• Following the reported transaction, CMI Oxbow Partners, LLC directly holds 6,811,256 shares, Oxbow Industries, LLC directly holds 3 shares, and Mr. Unterseher directly holds 23,713 shares.
• Mr. Unterseher also maintains significant indirect beneficial ownership through various trusts and a spouse, totaling approximately 4,975,948 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a pre-planned sale by an insider under a 10b5-1 plan, which typically does not signal new positive or negative information about the company's prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing reports an insider transaction and does not provide information related to broader industry trends or competitive landscape for SkyWater Technology, Inc.

Stakeholder Impact

• Shareholders: The sale by a director and 10% owner, even if pre-planned, may be observed by investors, but its impact is generally limited given the nature of a 10b5-1 plan.

Key Dates

Recommendation

The sale of shares by a director and 10% owner under a Rule 10b5-1 trading plan is a pre-scheduled event and does not typically reflect a change in the insider's view of the company's immediate prospects. Therefore, it does not provide a strong signal for a 'buy' or 'sell' recommendation, warranting a 'hold' position based solely on this filing.

Keywords

SkyWater Technology, SKYT, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Loren A. Unterseher, Director, 10% Owner