Form 4: Skyworks Solutions Director, Maryann Turcke, Reports Acquisition of Restricted Stock Units

Maryann Turcke, a director of Skyworks Solutions, Inc., reported the acquisition of 2,272 restricted stock units on May 14, 2024, which will vest on May 14, 2025.

Summary

• On May 16, 2024, a Form 4 filing was submitted to the SEC by Ashran Jen, as Attorney-in-Fact for Maryann Turcke, a director of Skyworks Solutions, Inc.
• The filing reports a transaction that occurred on May 14, 2024, where Ms. Turcke acquired 2,272 Restricted Stock Units (RSUs).
• These RSUs represent the contingent right to receive one share of Skyworks Solutions common stock upon vesting.
• The acquired RSUs are scheduled to vest on May 14, 2025.
• Following the reported transaction, Ms. Turcke directly owns 2,272 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing indicating insider transactions, which doesn't inherently suggest positive or negative company performance.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The vesting of the restricted stock units on May 14, 2025, suggests a continued alignment of the director's interests with the long-term performance of the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder confidence, as it aligns the director's interests with the company's long-term success.

Key Dates