Form 4: Skyworks Solutions Director Exercises Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Eric Guerin, a director at Skyworks Solutions, exercised restricted stock units converting into 446 shares of common stock on February 7, 2025.

Summary

  • On February 7, 2025, Eric Guerin, a director of Skyworks Solutions, Inc. (SWKS), exercised restricted stock units.
  • This transaction resulted in the conversion of 446 restricted stock units into 446 shares of common stock.
  • Following the transaction, Guerin directly owns 5,318 shares of Skyworks Solutions common stock.
  • The restricted stock units vested in three equal annual installments, starting on February 7, 2023, and ending on February 7, 2025.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

  • The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
  • It aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
02/07/2023First vesting date of the restricted stock units.
02/07/2025Date of transaction: Eric Guerin exercised restricted stock units and final vesting date of the restricted stock units.
02/11/2025Date of Form 4 filing.

Keywords

Skyworks Solutions, Director, Eric Guerin, Restricted Stock Units, Common Stock, Beneficial Ownership, Form 4, SWKS

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