SkyWater Technology (SKYT) officer uses 1,317 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SkyWater Technology Chief Risk & Compliance Officer Christopher Hilberg reported a routine share disposition related to tax withholding. On March 16, 2026, 1,317 shares of common stock at $27.86 per share were delivered to cover statutory taxes on vested restricted stock units. After this non-market tax-withholding transaction, Hilberg directly holds 62,929 shares of SkyWater common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hilberg Christopher
Role
Chief Risk & Compl. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,317 | $27.86 | $37K |
Holdings After Transaction:
Common Stock — 62,929 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did SkyWater Technology (SKYT) report for Christopher Hilberg?
SkyWater Technology reported that Christopher Hilberg disposed of 1,317 common shares to cover statutory tax withholding on vested restricted stock units. This was a non-market tax-withholding transaction, not an open-market trade, and followed the vesting of his equity compensation.
Was the SkyWater (SKYT) insider Form 4 a tax-withholding event or an open-market sale?
The Form 4 shows a tax-withholding event, not an open-market sale. 1,317 shares were delivered to satisfy statutory tax obligations from restricted stock unit vesting, classified under code F for payment of tax liability by delivering securities.
What does transaction code F mean in the SkyWater (SKYT) insider filing?
Transaction code F in the Form 4 indicates shares were used to pay an exercise price or tax liability. In this case, 1,317 shares were delivered to cover statutory tax withholding obligations arising from the vesting of restricted stock units held by the officer.