Form 4: Skyworks Solutions VP, Corp. Controller Reports Stock Sale
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
| Date | Description |
|---|---|
| 12/14/2023 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| 01/31/2024 | Date of purchase of 220 shares through the Employee Stock Purchase Plan |
| 06/30/2024 | Date of the latest plan statement for the 401(k) plan |
| 07/10/2024 | Date of the stock sale transaction |
| 07/12/2024 | Date of Form 4 filing |
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