SkyWater CFO granted 29,432 RSUs in Form 4
SkyWater Technology CFO Steve Manko received an equity grant of 29,432 shares of common stock in the form of restricted stock units (RSUs).
Rhea-AI Filing Summary
SkyWater Technology CFO Steve Manko received an equity grant of 29,432 shares of common stock in the form of restricted stock units (RSUs). The award has no cash exercise price and was granted as compensation, increasing his directly held position to 299,409 shares after the transaction.
The RSUs vest in three equal installments on each of the first, second and third anniversaries of the grant date. Vesting is contingent on his continued service with the company on each applicable vesting date, meaning the full benefit is tied to ongoing tenure.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,432 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of RSUs. The RSUs vest ratably on each of the first, second and third anniversaries of the grant date contingent on the reporting person's continuation in service on each applicable vesting date.
FAQ
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What insider transaction did SkyWater Technology (SKYT) report for CFO Steve Manko?
What are the vesting terms of the 29,432 RSUs granted to SkyWater Technology’s CFO?
Is the SkyWater Technology (SKYT) CFO’s RSU grant part of routine compensation?
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