[144] SkyWater Technology, Inc SEC Filing
Rhea-AI Filing Summary
SkyWater Technology, Inc. Form 144 notifies of a proposed sale of 120,370 common shares to be executed through Needham and Company LLC on 09/26/2025, with an aggregate market value of $2,166,660.00. The filing shows these shares trace to an initial public offering on 04/21/2021, when 7,051,256 shares were acquired from CMI Acquisition and held in direct ownership. The document also discloses a series of recent dispositions: 19 transactions by CMI Oxbow Partners, LLC between 08/12/2025 and 09/19/2025, each listing amounts sold and gross proceeds. The filing affirms the seller's representation that no undisclosed material adverse information is known.
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Insights
TL;DR Form 144 reports a planned sale of 120,370 shares and documents extensive recent insider-related sales across August–September 2025.
This Form 144 is a routine disclosure under Rule 144 that identifies the broker (Needham and Company LLC), the exact number of shares proposed for sale, the market value, and the origin of the shares (IPO 04/21/2021). It also provides a detailed ledger of prior sales by CMI Oxbow Partners, LLC across 19 transactions with listed gross proceeds, which enables investors to quantify recent insider-related supply into the market. The filing is informational and complies with required representations regarding material undisclosed information.
TL;DR Filing documents substantial disposition activity by related parties and a forthcoming sale, useful for monitoring insider liquidity.
The report is specific about provenance of the shares (IPO acquisition) and confirms direct ownership. The itemized recent sales provide transparency on timing, amounts, and proceeds, aiding assessment of insider selling patterns. There is no additional information about motives, planned trading plans, or governance actions in the filing itself; it is a factual disclosure of transactions only.