Form 4: Skyworks EVP Kasnavi Reports Significant Stock Transactions

Sentiment:

Insider Transaction Report


Skyworks Solutions' EVP, Chief Operations & Technology Officer Reza Kasnavi, reported multiple transactions including RSU conversions, performance share awards, and tax-related share dispositions.

Summary

  • Reza Kasnavi, EVP, Chief Operations & Technology Officer for Skyworks Solutions, Inc., reported several stock transactions on November 7, 2025.
  • Acquired 4,476 shares of common stock through the conversion of Restricted Stock Units (RSUs).
  • Acquired 8,581 shares of common stock from a performance share award dated November 7, 2023. This award was contingent on continued employment and the achievement of pre-established performance metrics for fiscal years 2024 and 2025.
  • Disposed of 2,273 shares and 4,358 shares of common stock (totaling 6,631 shares) at a price of $69.58 per share to satisfy tax withholding obligations related to the issuance of unrestricted stock.
  • Following these reported transactions, Kasnavi directly beneficially owns 28,793 shares of common stock and indirectly owns 1,247 shares in the Skyworks Solutions, Inc. 401(k) plan as of October 31, 2025.
  • Also beneficially owns 8,952 Restricted Stock Units, which vest in four equal installments beginning November 7, 2024, and ending November 7, 2027.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive due to the executive's acquisition of shares through RSU conversion and performance awards, indicating successful vesting and achievement of performance targets. This is partially offset by the disposition of shares for tax purposes, which is a routine but dilutive event.

Positives

  • Acquisition of 4,476 shares of common stock from RSU conversion, indicating the vesting of previously granted equity compensation.
  • Acquisition of 8,581 shares of common stock from a performance share award, suggesting the successful achievement of specific company performance metrics for fiscal years 2024 and 2025.

Negatives

  • Disposal of 6,631 shares of common stock at $69.58 per share to cover tax withholding obligations, which reduces direct beneficial ownership.

Future Outlook

The remaining 8,952 Restricted Stock Units will vest in four equal installments, with the final installment on November 7, 2027. The performance share award for 8,581 shares was contingent on the achievement of pre-established performance metrics for fiscal years 2024 and 2025, indicating these future performance targets were met.

Stakeholder Impact

  • Shareholders: Minor dilution from shares sold for tax withholding, but overall reflects the executive's continued equity ownership and alignment with company performance.
  • Employees: Reflects standard executive compensation practices, including performance-based awards and RSU vesting.

Next Steps

  • Remaining 8,952 Restricted Stock Units will vest in four equal installments, with the final installment on November 7, 2027.

Key Dates

DateDescription
11/07/2023Date of performance share award grant.
11/07/2024First vesting date for Restricted Stock Units.
10/31/2025Latest plan statement date for 401(k) plan shares.
11/07/2025Transaction date for RSU conversion, performance share award issuance, and tax-related dispositions.
11/10/2025Date the Form 4 was signed.
11/07/2027Final vesting date for Restricted Stock Units.

Keywords

Skyworks Solutions, SWKS, Reza Kasnavi, Insider Trading, Form 4, Restricted Stock Units, Performance Share Award, Equity Compensation, Stock Transactions, Executive Compensation

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