Form 4: SkyWater Technology CEO Thomas Sonderman Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


SkyWater Technology CEO Thomas Sonderman reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

  • On February 27, 2024, SkyWater Technology CEO Thomas Sonderman had 5,012 shares of common stock withheld to satisfy the company's tax withholding obligations.
  • The shares were withheld at a price of $11.06.
  • Following the transaction, Sonderman beneficially owns 493,401 shares of SkyWater Technology common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a standard transaction related to executive compensation and tax obligations.

Industry Context

This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.

Key Dates

DateDescription
02/27/2024Date of the stock transaction (share withholding).
02/28/2024Date of signature by Attorney-in-Fact.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.