SkyWater CEO reports tax-related share disposition
SkyWater Technology CEO Thomas Sonderman reported a tax-related share disposition.
Rhea-AI Filing Summary
SkyWater Technology CEO Thomas Sonderman reported a tax-related share disposition. On the transaction date, 13,201 shares of common stock were transferred to satisfy statutory tax withholding tied to the vesting of restricted stock units, as described in the footnote. Following this withholding event, Sonderman directly holds 553,244 shares of SkyWater Technology common stock, indicating that the filing reflects a compensation and tax-settlement mechanism rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 13,201 shares
Exercise Price or Tax Liability
1 txn
Insider
SONDERMAN THOMAS
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,201 | $27.86 | $368K |
Holdings After Transaction:
Common Stock — 553,244 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SkyWater Technology (SKYT) report for CEO Thomas Sonderman?
SkyWater Technology reported that CEO Thomas Sonderman transferred 13,201 common shares to cover statutory tax withholding obligations from vested restricted stock units. This Form 4 event reflects a compensation-related tax settlement, not an open-market purchase or sale of SkyWater Technology shares.
What does the tax-withholding code F mean in the SkyWater Technology Form 4?
Transaction code F on the SkyWater Technology Form 4 indicates a disposition of shares to pay exercise price or statutory tax liability. Here, 13,201 shares were surrendered to cover taxes arising from the vesting of restricted stock units awarded to the CEO.
Does the SkyWater Technology Form 4 show any option exercises or derivative transactions?
No derivative transactions are listed in this SkyWater Technology Form 4. The transaction summary shows one tax-withholding disposition of 13,201 common shares and a derivativeSummary with no remaining derivative positions disclosed in this particular filing excerpt.
AI-generated analysis. How Rhea-AI works. Not financial advice.