SkyWater (SKYT) director Edward Daly receives 4,304-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Daly Edward reported acquisition or exercise transactions in this Form 4 filing.
SkyWater Technology, Inc. director Edward Daly received an equity award of 4,304 shares of common stock in the form of restricted stock units. These RSUs vest on the date immediately before the company’s next annual stockholder meeting, contingent on his continued board service. After this grant, Daly directly holds 39,183 shares of SkyWater common stock. This is a compensation-related award, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Daly Edward
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,304 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,183 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 4,304 shares
Grant price: $0.00 per share
Shares after transaction: 39,183 shares
+2 more
5 metrics
RSU grant size
4,304 shares
Restricted stock unit award on 2026-06-10
Grant price
$0.00 per share
Equity compensation, no cash paid
Shares after transaction
39,183 shares
Direct holdings following RSU grant
Transaction code
A
Grant, award, or other acquisition of common stock
Transaction direction
acquire
Equity award, not an open-market purchase
Key Terms
restricted stock units, RSUs, annual meeting of the Issuer's stockholders, continued service
4 terms
restricted stock units financial
"Represents a grant of restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Represents a grant of restricted stock units ("RSUs")."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
annual meeting of the Issuer's stockholders regulatory
"The RSUs 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."
FAQ
What did SkyWater Technology (SKYT) director Edward Daly report on this Form 4?
Edward Daly reported receiving 4,304 shares of SkyWater common stock as a restricted stock unit award. The grant is part of his director compensation and is not an open-market share purchase, but equity that vests over time.
When do Edward Daly’s new SkyWater (SKYT) RSUs vest?
The restricted stock units vest on the date immediately preceding SkyWater’s next annual stockholder meeting. Vesting is contingent on Daly continuing to serve as a director through that vesting date, aligning his compensation with ongoing board service.
Was Edward Daly’s SkyWater (SKYT) Form 4 transaction an open-market buy or sell?
The filing shows no open-market buys or sells. Instead, Daly acquired shares through a grant of restricted stock units as director compensation, recorded at a price of $0.00 per share, indicating no cash payment in the transaction itself.