STOCK TITAN

SkyWater Technology (SKYT) director awarded 4,304 RSUs in stock grant

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

Rhea-AI Filing Summary

Miller Tammy J reported acquisition or exercise transactions in this Form 4 filing.

SkyWater Technology director Tammy J. Miller received a grant of 4,304 restricted stock units (RSUs) of the company’s common stock. According to the disclosure, these RSUs vest on the date immediately preceding the next annual meeting of stockholders, contingent on her continued service through that vesting date.

Following this award, Miller is reported to directly own 15,732 shares of common stock. This reflects a routine equity grant intended to align director compensation with shareholder interests rather than an open-market stock purchase.

Positive

  • None.

Negative

  • None.
Insider Miller Tammy J
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,304 $0.00 --
Holdings After Transaction: Common Stock — 15,732 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 4,304 units Restricted stock unit award to director Tammy J. Miller
Grant price $0.00 per unit Reported transaction price for the RSU award
Shares held after grant 15,732 shares Direct common stock ownership after the RSU grant
Vesting condition Vests before next annual meeting Vesting contingent on continued service as director
restricted stock units ("RSUs") financial
"Represents a grant of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual meeting of the Issuer's stockholders regulatory
"vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders"
continued service financial
"contingent on the reporting person's continued service on such vesting date"
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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).
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*
Miller Tammy J

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
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)

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 Stock06/10/2026A(1)4,304A$015,732D
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. Represents a grant of restricted stock units ("RSUs"). The RSUs vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders, contingent on the reporting person's continued service on such vesting date.
Remarks:
/s/ Christopher Hilberg, Attorney-in-Fact06/12/2026
** 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 Tammy J. Miller?

SkyWater Technology reported that director Tammy J. Miller received a grant of 4,304 restricted stock units. These RSUs are a stock-based award, not an open-market purchase, and form part of her equity compensation as a board member.

How many SkyWater Technology RSUs were granted to director Tammy J. Miller?

Tammy J. Miller was granted 4,304 restricted stock units of SkyWater Technology common stock. The Form 4 shows this as a grant or award transaction with a reported price of $0.00 per unit, indicating it is compensation rather than a cash purchase.

When do Tammy J. Miller’s SkyWater Technology RSUs vest?

The 4,304 RSUs granted to Tammy J. Miller vest on the date immediately preceding SkyWater Technology’s next annual meeting of stockholders. Vesting is contingent on her continued service as a director through that vesting date, as described in the filing footnote.

How many SkyWater Technology shares does Tammy J. Miller hold after this RSU grant?

After the RSU grant, the Form 4 reports that Tammy J. Miller directly owns 15,732 shares of SkyWater Technology common stock. This figure reflects her direct beneficial ownership following the 4,304-unit restricted stock award reported in the transaction.

Was Tammy J. Miller’s SkyWater Technology transaction a stock purchase or a grant?

The transaction was a grant of restricted stock units, not an open-market stock purchase. The Form 4 classifies it as a grant or award acquisition with zero price per share, indicating equity compensation granted by the company’s board rather than a cash-funded buy.

What conditions apply to Tammy J. Miller’s SkyWater Technology RSU award?

The RSU award vests only if Tammy J. Miller continues serving as a director through the vesting date. That date is defined as immediately before the next annual meeting of SkyWater Technology stockholders, making continued board service a key condition for receiving the vested shares.