Form 4: SkyWater Technology Director Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Dennis J. Goetz was granted 4,304 restricted stock units as part of his compensation package.
Summary
- Director Dennis J. Goetz 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 28,017 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- The grant aligns the director's interests with those of shareholders through equity-based compensation.
Negatives
- None identified.
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 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 in the semiconductor industry to ensure long-term alignment with shareholder value.
Comparison to Industry Standards
- The use of RSU grants for director compensation is consistent with standard practices for publicly traded technology companies.
- The vesting schedule tied to the annual meeting cycle is a common industry benchmark for board compensation.
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
| 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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