Form 4: SkyWater Technology Director Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Joseph J. Humke was granted 4,304 restricted stock units in SkyWater Technology, Inc.
Summary
- Director Joseph J. Humke acquired 4,304 restricted stock units (RSUs) of SkyWater Technology, Inc. (SKYT) common stock.
- The transaction occurred on June 10, 2026.
- The RSUs were granted at a price of $0 per share.
- Following this transaction, the director's total beneficial ownership of common stock increased to 28,017 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Director alignment with shareholder interests through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting of the RSUs is contingent upon the reporting person's continued service on the board until the date immediately preceding the next annual meeting of stockholders.
Future Outlook
The RSUs are scheduled to vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders, subject to continued service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment between board members and shareholders in the semiconductor foundry industry.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with standard compensation practices for publicly traded technology companies.
- The vesting schedule tied to the annual meeting is a common retention mechanism for board members.
Stakeholder Impact
- Minor dilution impact upon eventual vesting of RSUs, though standard for executive and director compensation.
Next Steps
- Vesting of the 4,304 RSUs upon the date preceding the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of the RSU grant transaction. |
| 06/12/2026 | Date the Form 4 was filed with the SEC. |
Keywords
SkyWater Technology, SKYT, Form 4, Insider Trading, Restricted Stock Units, Director Compensation
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