Form 4: SkyWater Technology Director Receives RSU Grant

Sentiment:

Statement of Changes in Beneficial Ownership


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

Summary

  • Director Edward Daly 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 as part of equity compensation.
  • Following this transaction, the director's total beneficial ownership increased to 39,183 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

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.

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 directors are standard corporate governance practices designed to align board incentives with long-term shareholder value in the semiconductor and foundry services sector.

Comparison to Industry Standards

  • The grant of RSUs to non-employee 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 board equity awards.

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

DateDescription
06/10/2026Date of the RSU grant transaction.
06/12/2026Date the Form 4 was filed with the SEC.

Keywords

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

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.