Form 4: SkyWater Technology Insider Sells Shares in Multiple Transactions

Loren A. Unterseher, a director and 10% owner of SkyWater Technology, Inc., sold shares of common stock in multiple transactions on March 5th and 6th, 2025.

Summary

• Loren A. Unterseher, a director and 10% owner of SkyWater Technology, Inc. (SKYT), has reported the sale of company stock.
• On March 5, 2025, Unterseher sold 86,653 shares at a weighted average price of $8.5101 per share.
• The sale prices on March 5th ranged from $8.50 to $8.62 per share.
• On March 6, 2025, Unterseher sold 3,800 shares at a weighted average price of $8.514 per share.
• The sale prices on March 6th ranged from $8.50 to $8.55 per share.
• Following these transactions, Unterseher directly owns 12,573,079 shares.
• Unterseher also has indirect ownership through various trusts.
• CMI Oxbow Partners, LLC, Oxbow Industries, LLC are also listed as reporting persons and 10% owners.
• The filing indicates that the reporting person will provide full information regarding the number of shares sold at each separate price upon request.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to insider selling, which can create uncertainty, but the sales are not large enough to cause significant alarm.

Negatives

• A director and significant shareholder is selling shares, which could be interpreted negatively by the market.

Risks

• Continued selling pressure from insiders could negatively impact the stock price.
• The market may interpret these sales as a lack of confidence in the company's future prospects.

Industry Context

Insider trading activity is always closely watched in the semiconductor industry, as it can provide insights into the perceived health and future prospects of a company relative to its peers.

Comparison to Industry Standards

• It's common for executives and large shareholders to periodically sell shares for personal financial management.
• However, the size and frequency of these transactions are often compared to those of peers like GlobalFoundries or TSMC to gauge investor sentiment.
• Significant or unusual insider selling can sometimes raise concerns among investors.

Stakeholder Impact

• Shareholders may react to the insider selling activity.
• Employees may be concerned about the reasons behind the stock sales.

Key Dates