Form 4: Skyworks CFO Granted Significant Equity Awards

Skyworks Solutions' SVP & CFO, Philip Matthew Carter, was granted 39,666 restricted stock units and 50,244 performance shares, alongside an indirect acquisition of 143 common shares.

Summary

• Philip Matthew Carter, SVP & Chief Financial Officer of Skyworks Solutions, Inc. (SWKS), reported changes in his beneficial ownership.
• Acquired 143 shares of common stock indirectly through the Skyworks Solutions, Inc. 401(k) plan, based on the latest plan statement dated August 31, 2025.
• Granted 39,666 Restricted Stock Units (RSUs) on September 8, 2025, with each unit representing the contingent right to receive one share of common stock.
• The RSUs will vest in four equal annual installments, commencing on September 8, 2026, and concluding on September 8, 2029.
• Granted 50,244 Performance Shares on September 8, 2025, with each share representing the contingent right to receive one share of common stock.
• Performance shares can be earned based on the absolute level of achievement of total shareholder return (TSR) during a performance period from October 4, 2025, to September 29, 2028, and continued employment through November 11, 2028.

Sentiment

Score: 6

Explanation: The filing reports routine executive compensation in the form of equity grants, which is generally a neutral to slightly positive event as it aligns management incentives with shareholder interests. It does not contain information that would significantly alter the company's fundamental outlook.

Positives

• The grant of restricted stock units and performance shares aligns the interests of the SVP & CFO with those of shareholders, incentivizing long-term value creation.
• Equity compensation is a standard practice to attract and retain key executives, demonstrating the company's commitment to its leadership.

Future Outlook

The filing outlines future vesting schedules for restricted stock units extending to September 2029 and a performance period for performance shares concluding in September 2028, contingent on total shareholder return and continued employment.

Industry Context

The grant of equity awards to senior executives is a common practice across the technology and semiconductor industries, serving as a key component of executive compensation packages designed to align management incentives with long-term shareholder value creation.

Comparison to Industry Standards

• The structure of equity grants, including a mix of time-based restricted stock units and performance-based shares, is consistent with compensation practices observed in comparable companies within the semiconductor sector, such as Qualcomm, Broadcom, and Analog Devices.
• The vesting schedule for RSUs (four equal annual installments) and the performance metrics for performance shares (Total Shareholder Return) are standard mechanisms used to promote executive retention and incentivize performance against strategic objectives.

Stakeholder Impact

• Shareholders: The equity grants are designed to align the interests of the SVP & CFO with shareholders, potentially leading to improved long-term performance and value creation.
• Employees: Standard executive compensation practices can positively influence overall employee morale and retention by demonstrating a clear career progression and reward structure.

Next Steps

• The Restricted Stock Units will vest in four equal annual installments, beginning September 8, 2026.
• The Performance Shares will be earned based on the company's Total Shareholder Return performance during the period from October 4, 2025, to September 29, 2028, and the reporting person's continued employment through November 11, 2028.

Key Dates

Recommendation

This Form 4 reports routine equity grants to a senior executive, which is a standard component of executive compensation. It does not provide new fundamental information about the company's operations, financial performance, or strategic direction that would warrant a change in investment recommendation. The grants align management incentives with shareholder value creation over the long term, supporting a 'hold' position for existing investors.

Keywords

Skyworks Solutions, SWKS, Form 4, SEC filing, equity grant, restricted stock units, performance shares, executive compensation, insider transaction, CFO