Skywater Technology Inc SEC Filings

SkyWater Technology (SKYT) insider Loren A. Unterseher reported multiple sales of common stock on August 12-13, 2025. The Form 4 shows Mr. Unterseher (also identified with CMI Oxbow Partners, LLC and Oxbow Industries, LLC) sold 345,765 shares on August 12 at a weighted-average price of $12.8391 and 287,454 shares on August 13 at a weighted-average price of $12.3824, with sale price ranges disclosed for each day. Following the transactions the filing shows 10,100,043 shares beneficially owned after the August 12 sale and 9,812,589 after the August 13 sale, with many remaining shares held indirectly through trusts, family entities, CMI and Oxbow. The filing includes explanations of ownership structures and states the reporting person will provide detailed per-price breakdowns upon request.

SkyWater Technology, Inc. Schedule 13G/A filed for common stock (CUSIP 83089J108) reports combined holdings by CMI Oxbow Partners, LLC, Oxbow Industries, LLC and Loren A. Unterseher. The filing states that Loren A. Unterseher, as President of CMI and Managing Partner of Oxbow, may be deemed to have a pecuniary interest in shares held by CMI.

The statement discloses aggregate beneficial ownership of 15,041,407 shares, representing 31.2% of the 48,175,815 shares outstanding used for the percentage calculation. Individual positions shown include 9,812,589 shares held by CMI/Oxbow (20.4%) with shared voting and dispositive power, and 5,176,498 shares held with sole voting and dispositive power by Mr. Unterseher. The filing includes a joint filing agreement and signatures dated August 14, 2025.

SkyWater Technology, Inc. (SKYT) filed a Form 144 disclosing a proposed sale of 24,936 shares of Class A common stock through J.P. Morgan Securities LLC with an aggregate market value of $305,261.33 and an approximate sale date of 08/13/2025 on Nasdaq. The shares were acquired through restricted stock vesting on four dates between 03/14/2024 and 03/17/2025 and are listed as paid via equity compensation on 08/14/2025. The filing states there were no securities sold in the past three months. Several issuer and filer identification fields are not provided in the text.

SkyWater Technology's Form 144 discloses a proposed sale of 1,000,000 common shares through Needham and Company on 08/12/2025 with an aggregate market value of $13,550,000.00. The filing identifies 48,175,815 shares outstanding and shows the securities were originally acquired in SkyWater's IPO on 04/21/2021 from CMI Acquisition, with the filer holding 27,119,077 shares at acquisition as direct ownership.

The filing also lists multiple sales by the same account and related parties in recent months, including a block of 284,796 shares on 08/12/2025 generating $11,160,832.00 and several earlier disposals. The signer attests they are not aware of undisclosed material adverse information and includes the Rule 144 attestation language required by the form.

Steve Manko, CFO of SkyWater Technology, Inc. (SKYT) filed a Form 4 reporting transactions dated 08/08/2025. The filing shows acquisitions and dispositions executed pursuant to a Rule 10b5-1 trading plan entered March 14, 2025. The report records acquisitions of 9,707 and 28,138 shares tied to option activity and a disposition of 37,845 shares sold in multiple transactions at a weighted-average price of $13.622 (sales ranged $13.50–$13.78).

The Form discloses two option series: one with a $11.24 exercise price (28,138 underlying shares, expiration 02/25/2032) and one with a $10.14 exercise price (9,707 underlying shares, expiration 02/15/2034). The options vest ratably on each anniversary of the grant date. The filing also shows post-transaction beneficial ownership figures, including 368,407 shares following the reported sale.

SkyWater Technology, Inc. submitted a Form 144 notice for a proposed sale of 37,845 common shares with an aggregate market value of $515,535.94. The shares are to be sold on Nasdaq through Jefferies LLC with an approximate sale date of 08/08/2025. The filing shows the shares were acquired by stock option exercise on 02/25/2022 (28,138 shares) and 02/15/2024 (9,707 shares), matching the total offered for sale. The issuer has 48,175,815 shares outstanding and the filer reports no securities sold in the past three months.

What happened: SkyWater furnished a press release announcing its financial results for the second quarter ended June 29, 2025.

Why it matters: The company has made its quarterly results available to investors, but this Form 8-K itself does not include the financial figures. The press release is furnished as Exhibit 99.1 and is expressly stated to be "not deemed to be filed", which limits statutory liability. The filing also notes SkyWater is an emerging growth company.