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SkyWater Technology (SKYT) CFO amends Form 4, confirms 71,693-share sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

SkyWater Technology CFO Steve Manko filed an amended insider trading report correcting a prior error and confirming an open-market share sale. On March 16, 2026, he sold 71,693 shares of common stock at a weighted average price of $27.8398 per share in multiple trades between $27.54 and $28.10. The filing states the earlier report overstated the sale by 9,708 shares. The transaction was made under a pre-arranged Rule 10b5-1 trading plan entered into on November 21, 2025. After this sale, Manko directly holds 224,874 shares of SkyWater common stock.

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SEC Form 4
FORM 4UNITED 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).
X
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*
Manko Steve

(Last)(First)(Middle)
2401 EAST 86TH STREET

(Street)
BLOOMINGTON MINNESOTA 55425

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SkyWater Technology, Inc [ SKYT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026
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)
CodeVAmount(A) or (D)Price
Common Stock03/16/2026S71,693(1)(2)D$27.8398(3)224,874D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Due to an administrative error, the number of securities reported as sold by the Reporting Person on March 16, 2026 was overstated by 9,708 shares. This Form 4/A is being filed to report the correct number of shares sold, which was 71,693.
2. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on November 21, 2025.
3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.54 to $28.10 , inclusive.
Remarks:
/s/ Christopher Hilberg, Attorney-in-Fact03/23/2026
** Signature of Reporting PersonDate
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 insider transaction did SkyWater Technology (SKYT) report for its CFO?

SkyWater Technology CFO Steve Manko reported an amended insider sale of 71,693 shares of common stock on March 16, 2026. The transaction was an open-market sale, updating a previous report that had overstated the number of shares sold.

At what prices did the SKYT CFO sell his shares on March 16, 2026?

The CFO’s 71,693-share sale used a weighted average price of $27.8398 per share. According to the filing, individual trades occurred in multiple transactions at prices ranging from $27.54 to $28.10, inclusive, across the same trading day.

Why was the SkyWater Technology (SKYT) Form 4 amended for the CFO?

The Form 4 was amended because the initially reported number of shares sold on March 16, 2026 was overstated by 9,708 shares. The Form 4/A corrects this, confirming that 71,693 shares of common stock were actually sold by the reporting person.

Was the SKYT CFO’s share sale made under a Rule 10b5-1 trading plan?

Yes. The filing states that the reported transaction was effected pursuant to a Rule 10b5-1 trading plan. That plan was entered into by the reporting person on November 21, 2025, indicating the trades were pre-arranged rather than opportunistic.

How many SkyWater Technology (SKYT) shares does the CFO hold after this sale?

Following the March 16, 2026 transaction, the CFO directly holds 224,874 shares of SkyWater Technology common stock. This figure reflects his remaining position after selling 71,693 shares in the reported open-market transaction under the Rule 10b5-1 plan.

How many shares did the SKYT CFO initially report selling before this amendment?

The original report overstated the shares sold by 9,708. While the precise originally reported total is not restated in this amendment, the corrected filing clarifies that the true number of shares sold on March 16, 2026 was 71,693.
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