SkyWater Insider Sale: 60,767 SKYT Shares Disposed by Director Unterseher
Rhea-AI Filing Summary
Loren A. Unterseher, a director and reported 10% owner of SkyWater Technology, Inc. (SKYT), sold 60,767 shares of common stock on 08/29/2025 at a weighted average price of $12.0811 per share, with individual sale prices ranging from $12.00 to $12.26. The Form 4 shows 7,600,245 shares reported as beneficially owned following the transactions, and details both direct and indirect holdings, including shares held by CMI Oxbow Partners, LLC and Oxbow Industries, LLC, family trusts and grantor retained annuity trusts totaling multiple large blocks of shares. The filer discloses roles: Mr. Unterseher is President of CMI and Managing Partner of Oxbow and provides the required undertaking to supply per-price sale breakdowns on request.
Positive
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Negative
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Insights
TL;DR: Insider sold a small block relative to large existing holdings; disclosure provides price range and offers full per-price details on request.
The sale of 60,767 shares at a weighted average of $12.0811 is explicitly documented with a price range of $12.00 to $12.26, which supports transactional transparency. The Form 4 reports 7,600,245 shares beneficially owned after the sale, indicating the sale is a small reduction relative to total holdings. The filing clearly identifies ownership through multiple entities and trusts, which is important for understanding voting and economic interests. No derivative activity is reported. For valuation context, the filing does not provide company market-cap or outstanding share count, so the percentage change in ownership cannot be computed from this document alone.
TL;DR: Form 4 disclosure is thorough about indirect ownership and entity relationships, aiding governance transparency.
The statement itemizes the reporting persons roles and the chain of ownership through CMI Oxbow Partners, LLC and Oxbow Industries, LLC, and lists trust holdings by beneficiary, which helps stakeholders assess potential conflicts and control. The filer includes the required certification and offers to provide granular sale pricing, which aligns with good disclosure practice. The filing does not indicate any change in board status or other governance actions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 60,767 | $12.0811 | $734K |
| holding | Common Stock | -- | -- | -- |
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| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Reflects the weighted average price of 60,767 shares of common stock of SkyWater Technology, Inc. sold in multiple transactions on August 29, 2025 with sale prices ranging from $12.00 to $12.26 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Mr. Unterseher is President of CMI Oxbow Partners, LLC ("CMI") and Managing Partner of Oxbow Industries, LLC ("Oxbow"), which is the majority member of CMI. CMI directly holds the shares of Common Stock reported in Column 5. As a result, he may be deemed to be the beneficial owner of, and to have a pecuniary interest in, such shares of Common Stock. Mr. Unterseher disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein. Oxbow directly holds the shares reported in Column 5. Shares owned directly by Mr. Unterseher.