Form 4: SkyWater Technology Director Receives RSU Grant

Director Andrew D.C. LaFrence was granted 4,304 restricted stock units in SkyWater Technology, Inc.

Summary

• Director Andrew D.C. LaFrence 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.
• 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 routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with shareholders 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 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 board members maintain a vested interest in the long-term performance of the company.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for publicly traded technology and semiconductor companies.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

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

Key Dates

Keywords

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