SkyWater CEO granted 50,455 RSUs in Form 4
SONDERMAN THOMAS reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SONDERMAN THOMAS reported acquisition or exercise transactions in this Form 4 filing.
SkyWater Technology CEO Thomas Sonderman received a grant of 50,455 shares of Common Stock in the form of restricted stock units. These RSUs vest in three equal installments on each of the first, second and third anniversaries of the grant date, contingent on his continued service. Following this award, he holds 566,445 shares of Common Stock directly.
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Insights
Routine RSU grant increases CEO’s equity stake over three-year vesting.
The CEO of SkyWater Technology, Thomas Sonderman, was granted 50,455 RSUs at no cash cost, vesting ratably over three years. This is characterized as a grant or award, a standard equity compensation mechanism rather than an open-market purchase.
The award raises his direct holdings to 566,445 common shares, aligning part of his compensation with shareholder outcomes over time. Because the RSUs vest only if he remains in service on each anniversary, they also act as a retention tool. The filing does not show any derivative positions, suggesting this report focuses solely on the new RSU award.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,455 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of RSUs. The RSUs vest ratably on each of the first, second and third anniversaries of the grant date contingent on the reporting person's continuation in service on each applicable vesting date.
FAQ
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What did SkyWater Technology (SKYT) CEO Thomas Sonderman report in this Form 4?
How do the new RSUs granted to SkyWater Technology (SKYT) CEO vest over time?
Was the SkyWater Technology (SKYT) CEO’s RSU grant an open-market stock purchase?
Does this SkyWater Technology (SKYT) Form 4 show any stock sales by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.