Form 4: SkyWater Technology CEO Thomas Sonderman Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
SkyWater Technology CEO Thomas Sonderman reports the withholding of 4,592 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 15, 2024, SkyWater Technology CEO Thomas Sonderman had 4,592 shares of common stock withheld by the issuer to satisfy tax obligations.
- This withholding was related to the vesting of restricted stock units previously reported by Sonderman.
- Following the transaction, Sonderman beneficially owns 488,809 shares of SkyWater Technology common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and does not indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of share withholding for tax obligations. |
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