Form 4: Skyworks Solutions Director Sells $2.3 Million in Common Stock

Sentiment:

SEC Form 4 Filing


Robert A. Schriesheim, a director of Skyworks Solutions, Inc., sold 25,433 shares of common stock on May 30, 2024, for approximately $2.3 million.

Summary

  • On May 30, 2024, Robert A. Schriesheim, a director of Skyworks Solutions, Inc. (SWKS), sold 25,433 shares of the company's common stock.
  • The sale was executed at an average price of $90.27 per share, with individual sale prices ranging from $90.25 to $90.40.
  • Following the transaction, Schriesheim directly owns 60,881 shares of Skyworks Solutions, Inc.
  • The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways depending on the context.

Industry Context

Insider sales are common and can be for various reasons, including personal financial planning. It's important to consider the overall trend of insider transactions and the company's performance when evaluating the significance of this sale.

Stakeholder Impact

  • The stock sale could have a minor impact on shareholder sentiment, depending on how it's perceived by the market.

Key Dates

DateDescription
05/30/2024Date of the stock sale transaction.
05/31/2024Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.