Shimmick Corp (SHIM) director boosts stake with RSU conversion and new 60,000-unit grant

Rhea-AI Filing Summary

Shimmick Corp director Peter Kravitz increased his equity stake through compensation-related actions. On June 2, 2026, he exercised 100,671 restricted stock units (RSUs) into an equal number of common shares, bringing his directly held common stock to 184,940 shares.

The filing also reports a new award of 60,000 RSUs, which convert into common stock on a one-for-one basis and are scheduled to vest in full on the date of the next annual stockholders’ meeting, subject to his continued service.

Insights

Equity analyst

Director increased direct ownership via RSU vesting and a new award, a routine compensation event.

Director Peter Kravitz converted 100,671 RSUs into common stock and received a fresh grant of 60,000 RSUs. These transactions are classified as derivative exercises and grants rather than open-market buying or selling, so they mainly reflect equity-based compensation structure.

After the conversion, he directly holds 184,940 common shares, while the new RSUs will vest at the next annual stockholders’ meeting, conditioned on continued service. Without open-market trades or cash prices, the informational signal is modest and primarily about his ongoing alignment with shareholder interests through stock-based pay.

Insider Trade Summary

100,671 shares exercised/converted

Mixed 3 txns

Insider Kravitz Peter

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	60,000	$0.00	--
Exercise	Restricted Stock Units	100,671	$0.00	--
Exercise	Common Stock, par value $0.01 per share	100,671	$0.00	--

Holdings After Transaction: Restricted Stock Units — 60,000 shares (Direct, null); Common Stock, par value $0.01 per share — 184,940 shares (Direct, null)

Footnotes (1)

1. RSUs convert into common stock on a one-for-one basis. The RSUs will vest in full and settle into shares of common stock on the date of the next annual meeting of the Issuer's stockholders, subject to Reporting Perons's continued service through such date. On June 4, 2025, the Reporting Person was granted 100,671 RSUs, vesting and settling upon the date of next annual meeting of the Issuer's stockholders, subject to Reporting Person's continued service through such date.

Key Figures

Common shares acquired via RSU conversion: 100,671 shares Common shares held after transactions: 184,940 shares New RSU grant: 60,000 units +2 more

5 metrics

Common shares acquired via RSU conversion 100,671 shares RSUs converted into common stock on June 2, 2026

Common shares held after transactions 184,940 shares Direct ownership following June 2, 2026 transactions

New RSU grant 60,000 units Award of restricted stock units on June 2, 2026

RSU-to-share conversion ratio 1:1 Each RSU converts into one share of common stock

Exercise price per RSU $0.00 per unit Stated conversion price for RSU transactions

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, Grant, award, or other acquisition, par value $0.01 per share

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units" and RSUs convert into common stock on a one-for-one basis."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security" for the RSU conversion."

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition" for the 60,000 RSU grant."

par value $0.01 per share financial

"security_title: "Common Stock, par value $0.01 per share" in the non-derivative entry."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kravitz Peter

(Last) (First) (Middle)

C/O SHIMMICK CORPORATION

530 TECHNOLOGY DRIVE, SUITE 300

(Street)

IRVINE CALIFORNIA 92618

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Shimmick Corp [ SHIM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	06/02/2026		M		100,671	A	(1)	184,940	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	06/02/2026		A		60,000		(2)	(2)	Common Stock, par value $0.01 per share	60,000	$0	60,000	D
Restricted Stock Units	(1)	06/02/2026		M			100,671	(3)	(3)	Common Stock, par value $0.01 per share	100,671	$0	0	D

Explanation of Responses:

1. RSUs convert into common stock on a one-for-one basis.

2. The RSUs will vest in full and settle into shares of common stock on the date of the next annual meeting of the Issuer's stockholders, subject to Reporting Perons's continued service through such date.

3. On June 4, 2025, the Reporting Person was granted 100,671 RSUs, vesting and settling upon the date of next annual meeting of the Issuer's stockholders, subject to Reporting Person's continued service through such date.

	/s/ John Carpenter, Power of Attorney for Peter Kravitz	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Shimmick Corp (SHIM) director Peter Kravitz report in this Form 4?

Peter Kravitz reported exercising 100,671 restricted stock units into common stock and receiving a new grant of 60,000 RSUs. These moves increase his direct share ownership and refresh his stock-based compensation tied to future service with Shimmick Corp.

How many Shimmick Corp shares does Peter Kravitz hold after the reported transactions?

After the reported transactions, Peter Kravitz directly holds 184,940 shares of Shimmick Corp common stock. This total reflects the conversion of 100,671 RSUs into common shares on June 2, 2026, as disclosed in the Form 4 filing.

Were any Shimmick Corp shares bought or sold on the market in this Form 4?

No open-market purchases or sales were reported. The Form 4 shows a derivative exercise converting 100,671 RSUs into common stock and a grant of 60,000 new RSUs, all at a stated price of $0.00 per unit as compensation-related entries.

What are the terms of Peter Kravitz’s new 60,000 RSU grant at Shimmick Corp?

The 60,000 RSUs convert into Shimmick Corp common stock on a one-for-one basis and will vest in full on the date of the next annual stockholders’ meeting, provided Peter Kravitz continues his service through that date, according to the footnotes.

What happened to the 100,671 RSUs previously granted to Peter Kravitz by Shimmick Corp?

The 100,671 RSUs previously granted on June 4, 2025 vested and were settled into 100,671 common shares on June 2, 2026. Following this conversion, the RSU balance for that specific grant is shown as zero in the Form 4 derivative table.