Form 4: SkyWater Technology Director Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Loren A. Unterseher was granted 4,304 restricted stock units as part of SkyWater Technology's equity compensation.
Summary
- Director Loren A. Unterseher received a grant of 4,304 restricted stock units (RSUs) on June 10, 2026.
- The RSUs are scheduled to vest on the date immediately preceding the next annual meeting of stockholders, subject to continued service.
- The reporting person maintains significant beneficial ownership in SkyWater Technology through various trusts and entities, including CMI Oxbow Partners, LLC and Oxbow Industries, LLC.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation and ownership, which is neutral in nature.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified in this filing.
Risks
- Vesting of the RSU grant is contingent upon the reporting person's continued service as a director.
Future Outlook
The RSUs will vest on the day before the next annual stockholders' meeting, provided the director remains in service.
Management Comments
- The reporting person disclaims beneficial ownership of shares held by CMI Oxbow Partners, LLC, except to the extent of any pecuniary interest therein.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practice to ensure long-term alignment between board members and shareholders in the semiconductor industry.
Comparison to Industry Standards
- The use of RSU grants for director compensation is consistent with standard practices for publicly traded technology companies.
- The reporting structure reflects typical disclosure requirements for significant shareholders and board members.
Related Party Transactions
- The filing discloses the reporting person's relationship with CMI Oxbow Partners, LLC and Oxbow Industries, LLC, which hold significant stakes in the issuer.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 4,304 RSUs on the day before the next annual meeting.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of the RSU grant transaction. |
| 06/12/2026 | Date of filing. |
Keywords
SkyWater Technology, SKYT, Form 4, Insider Trading, Equity Compensation, Director Ownership
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