SkyWater director awarded 4,304 RSUs

FARES NANCY reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

FARES NANCY reported acquisition or exercise transactions in this Form 4 filing.

SkyWater Technology director Nancy Fares received an equity grant of 4,304 shares of common stock in the form of restricted stock units (RSUs). The award was made at a stated price of $0.00 per share as non-cash compensation.

The RSUs vest on the date immediately preceding the next annual meeting of SkyWater’s stockholders, contingent on her continued board service through that vesting date. Following this grant, she directly holds 47,805 shares of SkyWater common stock, indicating the transaction modestly increases her equity stake.

Insider Trade Summary

Grant/Award: 4,304 shares

Grant/Award 1 txn

Insider FARES NANCY

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,304	$0.00	$0.00

Holdings After Transaction: Common Stock — 47,805 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

RSUs granted: 4,304 shares Grant price: $0.00 per share Shares held after grant: 47,805 shares +1 more

4 metrics

RSUs granted 4,304 shares Restricted stock unit award to director Nancy Fares

Grant price $0.00 per share Stated price for RSU grant (non-cash compensation)

Shares held after grant 47,805 shares Total direct SkyWater common stock holdings after transaction

Transaction date June 10, 2026 Date of RSU grant reported on Form 4

Key Terms

restricted stock units ("RSUs"), annual meeting of the Issuer's stockholders, continued service

3 terms

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 financial

"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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SkyWater Technology (SKYT) report for Nancy Fares?

SkyWater Technology reported that director Nancy Fares received a grant of 4,304 restricted stock units (RSUs). This is a non-cash equity award, not an open-market stock purchase, and increases her direct holdings to 47,805 shares after the transaction.

How many RSUs did Nancy Fares receive from SkyWater Technology (SKYT)?

Nancy Fares received 4,304 restricted stock units (RSUs) of SkyWater common stock. These units represent a promise of shares that will be delivered upon vesting, subject to the stated service-based vesting condition tied to the company’s next annual meeting.

When do Nancy Fares’ RSUs from SkyWater Technology (SKYT) vest?

The RSUs granted to Nancy Fares vest on the date immediately preceding SkyWater’s next annual stockholders’ meeting. Vesting is contingent on her continued service as a director on that vesting date, meaning she must remain on the board until then.

Did Nancy Fares buy SkyWater Technology (SKYT) shares on the open market?

No, Nancy Fares did not buy shares on the open market. She received 4,304 shares through a grant of restricted stock units (RSUs) at a stated price of $0.00 per share as part of her director compensation, not a cash purchase.

What are Nancy Fares’ SkyWater Technology (SKYT) holdings after this Form 4 transaction?

After the RSU grant, Nancy Fares directly holds 47,805 shares of SkyWater common stock. This total includes the 4,304-share RSU award reported in the Form 4 and reflects her direct ownership position following the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 05:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

FARES NANCY

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/10/2026		A(1)		4,304	A	$0	47,805	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	06/12/2026
	** Signature of Reporting Person	Date
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)