Form 4: SkyWater Technology Director Receives RSU Grant

Director Tammy J. Miller was granted 4,304 restricted stock units as part of SkyWater Technology's equity compensation program.

Summary

• Director Tammy J. Miller acquired 4,304 restricted stock units (RSUs) of SkyWater Technology, Inc. (SKYT).
• The transaction occurred on June 10, 2026.
• The RSUs were granted at a price of $0 per share as part of equity compensation.
• Following this transaction, the director's total beneficial ownership of common stock increased to 15,732 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation rather than a signal of operational performance.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a member of the board.

Negatives

• None identified; this is a standard equity grant for board service.

Risks

• Vesting of the RSUs is contingent upon the director's continued service 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 a standard corporate governance practice in the semiconductor industry to ensure board members maintain a long-term stake in company performance.

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 cycle is a common industry benchmark for director equity awards.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; represents standard director compensation.

Next Steps

• Vesting of the 4,304 RSUs upon the date preceding the next annual stockholders' meeting.

Key Dates

Keywords

SkyWater Technology, SKYT, Form 4, Insider Trading, Director Compensation, Restricted Stock Units