Form 4: Skyworks Solutions Director David P McGlade Reports Stock Transactions
SEC Form 4
Director David P McGlade reports acquisition of Skyworks Solutions stock through restricted stock units and details indirect ownership via GRATs and trusts.
Summary
- On May 10, 2024, David P McGlade, a director of Skyworks Solutions, Inc., reported transactions involving the company's common stock.
- McGlade acquired 2,078 shares of common stock through the conversion of restricted stock units.
- McGlade also has indirect ownership of 19,470 shares held by a GRAT and 23,446 shares held by a trust.
- Transfers of shares to a revocable trust in June, October, and October of 2023 are noted as exempt from Section 16 rules.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/07/2023 | Transfer of 1,900 shares to a revocable trust. |
| 10/03/2023 | Transfer of 8,446 shares from GRATs to a revocable trust. |
| 10/30/2023 | Transfer of 13,100 shares from a GRAT to a revocable trust. |
| 05/10/2024 | Acquisition of 2,078 shares through restricted stock units. |
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