Form 4: SkyWater Technology CFO Steve Manko Reports Tax Withholding Share Transaction
SEC Form 4 Filing
SkyWater Technology's CFO, Steve Manko, reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 25, 2025, SkyWater Technology CFO Steve Manko had 2,880 shares of common stock withheld to cover tax obligations.
- The shares were withheld by the issuer at a price of $8.84 per share.
- Following the transaction, Manko directly owns 370,658 shares of SkyWater Technology common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications for the company's outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company executives and their potential outlook on the company's performance.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of the share withholding transaction. |
| 02/27/2025 | Date of signature for the Form 4 filing. |
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