Form 4: SkyWater Technology CEO Thomas Sonderman Reports Stock Transaction
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
| Date | Description |
|---|---|
| 02/27/2024 | Date of the stock transaction (share withholding). |
| 02/28/2024 | Date of signature by Attorney-in-Fact. |
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