Form 4: SkyWater Technology CFO Steve Manko Reports Stock Transaction
SEC Form 4 Filing
SkyWater Technology's CFO, Steve Manko, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 27, 2024, SkyWater Technology CFO Steve Manko had shares withheld to cover the issuer's tax obligations.
- A total of 2,515 shares of common stock were withheld at a price of $11.06 per share.
- Following the transaction, Manko directly owns 352,393 shares of SkyWater Technology common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of the stock transaction (tax withholding). |
| 02/28/2024 | Date of signature for the Form 4 filing. |
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