Form 4: Skyworks Executive Converts RSUs, Sells Shares for Tax

Skyworks Solutions' EVP, Chief Operations & Technology Officer, Reza Kasnavi, converted restricted stock units into common stock and sold a portion for tax obligations.

Summary

• Reza Kasnavi, EVP, Chief Operations & Technology Officer, converted 4,742 Restricted Stock Units (RSUs) into common stock on November 5, 2025.
• Simultaneously, 2,408 shares were sold at $73.46 to cover tax withholding obligations related to the issuance of unrestricted stock.
• Following these transactions, Kasnavi directly holds 22,367 shares of common stock.
• An additional 1,247 shares are held indirectly through the Skyworks Solutions, Inc. 401(k) plan as of October 31, 2025.
• The total direct common stock ownership also includes 231 shares purchased via the Skyworks Solutions, Inc. 2002 Employee Stock Purchase Plan on January 31, 2025.
• Kasnavi still holds 14,224 Restricted Stock Units, which are scheduled to vest in four equal installments, beginning on November 5, 2025, and ending on November 5, 2028.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The transaction is routine for executive compensation, involving RSU vesting and a tax-related sale. The executive retains a significant number of shares and still has substantial unvested RSUs, indicating continued alignment with shareholder interests. The sale is for tax purposes, not a discretionary divestment.

Positives

• Conversion of Restricted Stock Units indicates vesting and retention of a significant portion of shares by a key executive.
• Continued indirect ownership through the 401(k) plan demonstrates ongoing investment in the company.
• Participation in the Employee Stock Purchase Plan further aligns executive interests with shareholder value.

Negatives

• A portion of shares (2,408) was sold, reducing direct beneficial ownership, although this was for tax withholding purposes.

Future Outlook

The filing details a vesting schedule for remaining Restricted Stock Units, with installments occurring annually until November 5, 2028, indicating future equity compensation events for the executive.

Industry Context

This Form 4 filing is a routine disclosure of an executive's equity compensation activity, common in the technology and semiconductor industry where stock-based compensation is a significant component of executive pay. It does not provide broader industry insights or competitive analysis.

Comparison to Industry Standards

• This is a standard Form 4 filing detailing executive stock transactions, primarily related to RSU vesting and tax-related sales. Such transactions are common across publicly traded companies, particularly in the high-tech sector, and do not inherently indicate performance relative to peers like Qualcomm or Broadcom, which also utilize similar equity compensation structures.

Stakeholder Impact

• Shareholders: The executive's continued significant ownership (direct and indirect shares, plus unvested RSUs) aligns executive interests with shareholder value. The tax-related sale is a routine event and not indicative of a lack of confidence.
• Employees: The mention of the Employee Stock Purchase Plan and 401(k) plan highlights company benefits programs.

Next Steps

• Remaining 14,224 Restricted Stock Units will vest in four equal installments, with the final installment on November 5, 2028.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving the vesting of Restricted Stock Units and a subsequent sale of shares to cover tax obligations. It does not provide new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment thesis. The executive retains a substantial equity stake, indicating continued alignment with shareholder interests. Therefore, a 'hold' recommendation is appropriate as this filing alone does not present a catalyst for significant price movement or a re-evaluation of the company's fundamentals.

Keywords

Skyworks Solutions, SWKS, Reza Kasnavi, Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Stock Sale, Executive Compensation, Employee Stock Purchase Plan