[144] SkyWater Technology, Inc. SEC Filing

Rhea-AI Filing Summary

SkyWater Technology, Inc. (SKYT) submitted a Form 144 notice reporting a proposed sale of 1,000,000 shares of common stock through Needham and Company LLC, with an approximate aggregate market value of $11,840,000 and an approximate sale date of 08/25/2025 on NASDAQ. The filing shows those shares were originally acquired in the company's Initial Public Offering on 04/21/2021 from CMI Acquisition and are held in direct ownership. The filing also lists numerous sales of common stock during the past three months by CMI Oxbow Partners, LLC and one sale by Loren Unterseher, with transaction dates and gross proceeds disclosed for each sale.

Positive

• Transparent disclosure of the planned 1,000,000-share sale, broker details, and aggregate market value
• Origin of shares disclosed (acquired in the Initial Public Offering on 04/21/2021 from CMI Acquisition)
• Detailed listing of recent sales by CMI Oxbow Partners, LLC and Loren Unterseher including dates and gross proceeds

Negative

• Multiple recent disposals by CMI Oxbow Partners, LLC are listed in the filing, indicating ongoing share sales by related parties

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 notice disclosing a proposed brokered sale and recent insider-related transactions.

The filing is a standard Rule 144 notice describing a proposed broker-assisted sale of 1,000,000 common shares via Needham and Company LLC, including the acquisition origin (IPO on 04/21/2021) and a representation that no undisclosed material adverse information is known. The document also catalogs multiple recent disposals by CMI Oxbow Partners, LLC and a single sale by Loren Unterseher with dates and gross proceeds. From a compliance perspective, the notice contains the required seller, broker, and securities details for a Rule 144 disposition and the customary signer representation.

Corporate Transactions Analyst

TL;DR: Disclosure shows planned secondary sale and a record of recent related-party trades.

The Form 144 identifies a planned sale of common stock through an underwriter/broker and documents the provenance of the shares (acquired in the IPO from CMI Acquisition). The filing provides a clear record of multiple sales by CMI Oxbow Partners, LLC and one sale by an individual, each with amounts and gross proceeds. This provides investors and market participants with transparent transaction data relevant to share supply and insider-related liquidity, as presented in the notice.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Needham and Company LLC 250 Park Avenue, 10th Floor New York NY 10017	1000000	11840000.00	48175815	08/25/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/21/2021	Initial Public Offering	CMI Acquisition			26119077	04/21/2021	Direct Ownership

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
CMI Oxbow Partners, LLC 4450 Excelsior Blvd. STE 440 St Louis Park MN 55416	Common	05/27/2025	366418	3486656.56
Loren Unterseher 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	05/28/2025	86273	817868.04
CMI Oxbow Partners, LLC 4450 Excelsior Blvd, STE 440 St Louis Park MN 55416	Common	05/29/2025	200	1896.00
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	06/04/2025	5919	56112.12
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	06/06/2025	3144	29333.52
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	06/09/2025	17136	159983.41
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	06/10/2025	33640	314227.88
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	06/11/2025	67345	634477.45
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	06/12/2025	900	8196.03
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	08/12/2025	284796	3650352.07
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	08/12/2025	60969	781465.28
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	08/13/2025	287454	3553631.07
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	08/14/2025	217329	2560074.12
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	08/15/2025	5684	65281.88
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	08/18/2025	97957	1136379.57
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	08/21/2025	37979	423253.17
CMI Oxbow Partners, LLC 4450 Excelsior Blvd STE 440 St Louis Park MN 55416	Common	08/22/2025	292628	3359545.02

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is SkyWater Technology's (SKYT) Form 144 filing about?

The filing notifies a proposed sale of 1,000,000 shares of common stock through Needham and Company LLC with an aggregate market value of $11,840,000 and an approximate sale date of 08/25/2025.

Where and when were the shares to be sold acquired?

The shares were acquired in SkyWater's Initial Public Offering on 04/21/2021 from CMI Acquisition and are listed as direct ownership.

Does the filing show recent sales of SkyWater stock by related parties?

Yes. The filing lists multiple sales during the past three months by CMI Oxbow Partners, LLC and one sale by Loren Unterseher, with dates and gross proceeds for each transaction.

Which broker is handling the proposed sale?

The proposed sale is listed as being handled by Needham and Company LLC, 250 Park Avenue, 10th Floor, New York, NY.

On which exchange is the sale expected to occur?

The filing indicates the sale is expected to occur on NASDAQ.