[144] SkyWater Technology, Inc SEC Filing

Rhea-AI Filing Summary

Form 144 notice for SkyWater Technology, Inc. (SKYT) shows a proposed sale of 43,383 common shares through Jefferies LLC with an aggregate market value of $656,302.22 and an approximate sale date of 09/22/2025. The filer reports prior acquisitions by stock option exercise on 04/21/2021 (17,141 shares), 02/15/2022 (4,856 shares), and 03/15/2023 (21,386 shares). The filing discloses a sale in the past three months: 37,845 shares sold on 08/08/2025 for $515,535.94. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and references Rule 10b5-1 if applicable. Relationship to issuer and some filer contact fields are not provided in the form text.

Insights

Securities Analyst

TL;DR: Insider filed to sell ~43k SKYT shares (~$656k) after recent exercise and a prior 37,845-share sale in August.

The filing documents a routine Form 144 sale request executed through Jefferies LLC for 43,383 common shares valued at $656,302.22 with an expected sale date of 09/22/2025. The holder acquired the shares primarily through stock option exercises in 2021, 2022 and 2023. A near-term sale of 37,845 shares on 08/08/2025 for $515,535.94 is also disclosed, indicating recent liquidity events by the same person. On its face this appears to be an insider disposition for personal liquidity rather than a company operational development; the disclosed amounts represent a small fraction of the outstanding common shares (48,175,815), suggesting limited direct impact on capitalization.

Corporate Governance Expert

TL;DR: The filing is a standard insider sale notice with required representations; no governance red flags evident from provided text.

The Form 144 includes the seller's certification about absence of undisclosed material adverse information and references potential Rule 10b5-1 plan adoption. Acquisition history shows option exercises rather than transfers or gifts. The document lacks additional context such as insider role or relationship to the issuer in the provided text, which limits assessment of timing or motive. Based on the explicit disclosures, there are no immediate governance concerns, though full evaluation would require the filer’s role and any 10b5-1 plan details.

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	Jefferies LLC 520 Madison Ave New York NY 10022	43383	656302.22	48175815	09/22/2025	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	02/15/2022	Stock Option Exercise	SkyWater Technology, Inc.			4856	02/15/2022	N/A
Common	03/15/2023	Stock Option Exercise	SkyWater Technology, Inc.			21386	03/15/2023	N/A
Common	04/21/2021	Stock Option Exercise	SkyWater Technology, Inc.			17141	04/21/2021	N/A

* 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
STEPHEN MANKO 2401 East 86th St. Bloomington MN 55425	SkyWater Technology, Inc.	08/08/2025	37845	515535.94

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 does the Form 144 filed for SKYT disclose?

The Form 144 discloses a proposed sale of 43,383 common shares of SkyWater Technology, Inc. via Jefferies LLC with an aggregate market value of $656,302.22 and an approximate sale date of 09/22/2025.

Who sold SkyWater shares recently according to the filing?

The filing identifies Stephen Manko as having sold 37,845 shares on 08/08/2025 for $515,535.94 in the past three months.

How were the shares acquired that are being sold?

The shares to be sold were acquired by the filer through stock option exercises on 04/21/2021 (17,141 shares), 02/15/2022 (4,856 shares), and 03/15/2023 (21,386 shares).

Does the filing state any undisclosed material information about SKYT?

By signing the Form 144, the person represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.

Through which broker is the proposed sale to be executed?

The proposed sale is to be executed through Jefferies LLC, located at 520 Madison Ave, New York, NY 10022.