SkyWater Technology (SKYT) director awarded 4,304 RSUs in Form 4 filing

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

LaFrence Andrew D.C. reported acquisition or exercise transactions in this Form 4 filing.

SkyWater Technology director Andrew D.C. LaFrence received a compensation grant of 4,304 shares of Common Stock in the form of restricted stock units (RSUs). The RSUs were awarded at no cash cost and will vest on the date immediately preceding the company’s next annual stockholder meeting, contingent on his continued board service through that date.

Following this grant, LaFrence holds 15,732 shares of SkyWater Technology common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LaFrence Andrew D.C.

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)

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Key Figures

RSU grant size: 4,304 shares Price per share for grant: $0.00 per share Shares held after transaction: 15,732 shares +1 more

4 metrics

RSU grant size 4,304 shares Restricted stock units granted to director on 2026-06-10

Price per share for grant $0.00 per share Equity compensation grant, not open-market purchase

Shares held after transaction 15,732 shares Total direct holdings following RSU grant

Transaction type count 1 acquisition transaction Form 4 transaction summary for non-derivative security

Key Terms

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

4 terms

restricted stock units ("RSUs") financial

"Represents a grant of restricted stock units ("RSUs"). The RSUs vest on the date immediately preceding the next occurring annual meeting..."

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.

vest financial

"The RSUs vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders..."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual meeting of the Issuer's stockholders financial

"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."

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 05:09 PM

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^*

LaFrence Andrew D.C.

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/10/2026		A⁽¹⁾		4,304	A	$0	15,732	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SkyWater Technology (SKYT) report for Andrew D.C. LaFrence?

SkyWater Technology reported that director Andrew D.C. LaFrence received a grant of 4,304 restricted stock units. These RSUs represent shares of Common Stock awarded as equity compensation, rather than an open‑market share purchase or sale, and increase his direct holdings to 15,732 shares.

How many SkyWater Technology (SKYT) shares were granted to Andrew D.C. LaFrence?

Andrew D.C. LaFrence was granted 4,304 restricted stock units tied to SkyWater Technology Common Stock. This award is recorded at a price of $0.00 per share, reflecting stock-based compensation rather than a cash transaction, and boosts his total direct holdings after the grant.

When do Andrew D.C. LaFrence’s SkyWater Technology RSUs vest?

The restricted stock units granted to Andrew D.C. LaFrence vest on the date immediately preceding SkyWater Technology’s next annual meeting of stockholders. Vesting is contingent on his continued service as a director through that vesting date, aligning the award with ongoing board tenure requirements.

What are Andrew D.C. LaFrence’s SkyWater Technology holdings after this Form 4 transaction?

After the reported RSU grant, Andrew D.C. LaFrence holds 15,732 shares of SkyWater Technology Common Stock directly. This total reflects his position following the 4,304-share restricted stock unit award, as disclosed in the Form 4 insider transaction summary for the non-derivative security.

Is the SkyWater Technology (SKYT) RSU grant to Andrew D.C. LaFrence an open‑market trade?

No, the transaction is classified as a grant, award, or other acquisition, not an open‑market trade. The Form 4 shows a transaction code of “A” at $0.00 per share, indicating stock-based compensation through restricted stock units rather than a market purchase or sale.