Form 4: Skyworks Solutions VP, Corp. Controller Reports Stock Sale

Sentiment:

SEC Form 4


Philip Matthew Carter, VP, Corp. Controller of Skyworks Solutions, Inc., reports the sale of 452 shares of common stock on July 10, 2024, under a pre-arranged trading plan.

Summary

  • Philip Matthew Carter, VP, Corp. Controller of Skyworks Solutions, Inc., filed a Form 4 on July 12, 2024.
  • The report details a transaction on July 10, 2024, where 452 shares of common stock were sold at a price of $110 per share.
  • The sale was executed under a Rule 10b5-1 trading plan adopted on December 14, 2023.
  • Following the transaction, Carter directly owns 9,564 shares of common stock.
  • Carter also indirectly owns 533 shares through the Skyworks Solutions, Inc. 401(k) plan as of June 30, 2024.
  • The total includes 220 shares purchased on January 31, 2024, through the Skyworks Solutions, Inc. 2002 Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a routine stock sale under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The use of a 10b5-1 trading plan suggests the insider's trading activity is pre-planned and not based on current market information.

Key Dates

DateDescription
12/14/2023Date the Reporting Person adopted a Rule 10b5-1 trading plan
01/31/2024Date of purchase of 220 shares through the Employee Stock Purchase Plan
06/30/2024Date of the latest plan statement for the 401(k) plan
07/10/2024Date of the stock sale transaction
07/12/2024Date of Form 4 filing

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