SkyWater (SKYT) CEO reports tax withholding of 5,767 shares

Rhea-AI Filing Summary

SkyWater Technology CEO Thomas Sonderman reported a tax-withholding share disposition related to restricted stock units. On the transaction date, 5,767 shares of common stock were withheld at $28.77 per share to cover tax obligations. After this non-open-market transaction, he directly owned 515,990 shares.

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

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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^*

SONDERMAN THOMAS

(Last) (First) (Middle)

2401 EAST 86TH STREET

(Street)

BLOOMINGTON MN 55425

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/17/2026		F(1)		5,767	D	$28.77	515,990	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. The Issuer withheld shares of common stock that would have otherwise been issuable to the Reporting Person to satisfy the Issuers tax withholding obligations in connection with the vesting of restricted stock units previously reported by the Reporting Person in accordance with Rule 16b-3.

Remarks:

	/s/ Christopher Hilberg, Attorney-in-Fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did SkyWater Technology (SKYT) disclose in this Form 4?

SkyWater Technology disclosed that CEO Thomas Sonderman had 5,767 shares of common stock withheld to cover tax obligations from vesting restricted stock units, a non-open-market transaction that adjusted his reported direct share ownership.

How many SkyWater (SKYT) shares were involved in the CEO’s tax withholding?

The filing shows 5,767 shares of SkyWater common stock were withheld. These shares covered the issuer’s tax withholding obligations triggered by the vesting of previously reported restricted stock units held by CEO Thomas Sonderman.

Was the SkyWater (SKYT) CEO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 labels it as a tax-withholding disposition, where the issuer kept 5,767 shares to satisfy tax obligations tied to vesting restricted stock units.

What price per share was used in the SkyWater (SKYT) tax-withholding transaction?

The Form 4 reports a price of $28.77 per share for the 5,767 withheld shares. This price is used solely for reporting the value of shares applied toward the issuer’s tax withholding obligations on vesting restricted stock units.

How many SkyWater (SKYT) shares does the CEO hold after this Form 4 event?

After the tax-withholding disposition, CEO Thomas Sonderman is reported as directly owning 515,990 shares of SkyWater common stock. This updated figure reflects his holdings following the issuer’s retention of 5,767 shares for tax purposes.

What is the nature of ownership reported for the SkyWater (SKYT) CEO’s shares?

The Form 4 identifies the CEO’s post-transaction holdings as direct ownership. This means the 515,990 SkyWater common shares reported after the tax-withholding event are held directly in his name, rather than through an intermediary entity.