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 March 17, 2025, SkyWater Technology CFO Steve Manko had shares withheld to cover tax obligations.
- A total of 2,251 shares of common stock were withheld at a price of $8.42 per share.
- Following the transaction, Manko beneficially owns 368,407 shares of SkyWater Technology stock directly.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of stock transaction (share withholding) |
| 03/19/2025 | Date of signature for the Form 4 filing |
Keywords
SkyWater Technology, SKYT, Steve Manko, CFO, Form 4, Stock Transaction, Beneficial Ownership, Tax Withholding, Restricted Stock Units
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