Form 4: Skyworks SVP Durham Boosts Stake via Equity Awards

Skyworks Solutions' SVP of Human Resources, Karilee A. Durham, increased her direct beneficial ownership of common stock through RSU conversions and performance share awards, partially offset by tax-related share withholdings.

Summary

• Karilee A. Durham, SVP of Human Resources at Skyworks Solutions, Inc., reported several transactions on November 7, 2025, pursuant to a Rule 10b5-1 plan.
• She acquired 2,294 shares of common stock through the conversion of restricted stock units (RSUs).
• An additional 4,396 shares of common stock were acquired from a performance share award granted on November 7, 2023, which met specific employment and performance conditions for fiscal years 2024 and 2025.
• To satisfy tax withholding obligations related to the issuance of unrestricted stock, 1,165 shares and 2,234 shares of common stock were disposed of at a price of $69.58 per share.
• Following these transactions, her direct beneficial ownership of common stock increased to 31,499 shares.
• The conversion of 2,294 restricted stock units resulted in 4,588 RSUs remaining outstanding, which are scheduled to vest in four equal installments from November 7, 2024, to November 7, 2027.

Sentiment

Score: 7

Explanation: The filing indicates positive executive compensation events (RSU conversion, performance award) and successful achievement of performance metrics, partially offset by routine tax-related share disposals. The net effect is an increase in insider ownership, which is generally positive.

Positives

• SVP Karilee A. Durham increased her direct beneficial ownership of common stock by a net of 3,291 shares (2,294 + 4,396 1,165 2,234), signaling continued alignment with shareholder interests.
• The issuance of 4,396 shares from a performance share award indicates that the company successfully met pre-established performance metrics for fiscal years 2024 and 2025.

Negatives

• A significant portion of the acquired shares (3,399 shares total) were immediately disposed of to cover tax withholding obligations, which is a common practice but reduces the immediate net increase in ownership.

Future Outlook

The remaining 4,588 restricted stock units held by Ms. Durham are scheduled to vest in four equal installments, with the final vesting occurring on November 7, 2027, indicating continued long-term incentive alignment for the executive.

Industry Context

This filing represents routine executive compensation activity, common across the technology and semiconductor industry, where equity awards like RSUs and performance shares are standard tools for attracting, retaining, and incentivizing senior leadership by aligning their interests with long-term company performance.

Stakeholder Impact

• Shareholders: Increased insider ownership can signal confidence in the company's future. The achievement of performance metrics for the award is a positive operational indicator.
• Employees: Reflects standard executive compensation practices, potentially setting a precedent for other equity award recipients.

Next Steps

• Remaining 4,588 restricted stock units will vest in four equal installments, with the next vesting on November 7, 2024, and the final on November 7, 2027.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events, including the vesting of restricted stock units and the issuance of performance-based shares, partially offset by tax withholdings. While the net increase in insider ownership is a minor positive, these transactions are expected and do not provide new fundamental information to warrant a change in investment recommendation. The filing confirms the company met performance metrics for the award, which is a positive operational indicator, but not a catalyst for a strong buy or sell.

Keywords

Skyworks Solutions, SWKS, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, Performance Shares, Equity Award, Karilee A. Durham