Form 4: Skyworks Solutions Executive Carlos S. Bori Reports Stock Transactions
SEC Form 4 Filing
Skyworks Solutions SVP, Sales & Marketing, Carlos S. Bori, reports the acquisition and disposal of company stock and restricted stock units.
Summary
- Carlos S. Bori, a Senior Vice President at Skyworks Solutions, Inc., filed a Form 4 detailing changes in his beneficial ownership of company stock.
- On November 11, 2024, Bori acquired 2,439 shares of common stock through the vesting of restricted stock units.
- He also acquired 2,015 shares of common stock through the vesting of additional restricted stock units.
- A total of 1,237 shares were disposed of to cover tax obligations related to the vesting of stock at a price of $87.98 per share.
- An additional 1,022 shares were disposed of to cover tax obligations related to the vesting of stock at a price of $87.98 per share.
- Following these transactions, Bori directly owns 44,206 shares of common stock and indirectly owns 1,742 shares through a 401(k) plan.
- He also holds 2,439 restricted stock units that vest in installments.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, which is neither positive nor negative in itself.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and Skyworks Solutions is no exception.
- The transactions reported are typical for executives who receive stock-based compensation, such as restricted stock units.
- The tax withholding transactions are also standard practice when stock vests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the standard vesting of executive compensation.
- The transactions do not have a significant impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of the latest 401(k) plan statement used to determine indirect share ownership. |
| 11/11/2024 | Date of the reported stock and restricted stock unit transactions. |
| 11/13/2024 | Date the Form 4 was signed. |
Keywords
Skyworks Solutions, Stock Transactions, Form 4, Beneficial Ownership, Restricted Stock Units, Executive Compensation, Insider Trading
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