What happened: SkyWater furnished a press release announcing its financial results for the second quarter ended June 29, 2025.
Why it matters: The company has made its quarterly results available to investors, but this Form 8-K itself does not include the financial figures. The press release is furnished as Exhibit 99.1 and is expressly stated to be "not deemed to be filed", which limits statutory liability. The filing also notes SkyWater is an emerging growth company.
SkyWater Technology (SKYT) filed a routine Form 4 reporting that CEO & Director Thomas Sonderman sold 14,958 common shares on 06/26/2025 at a weighted-average price of $10.04 under a pre-arranged Rule 10b5-1 plan. After the sale, he still owns 565,465 shares. No other material ownership changes were disclosed.
SkyWater Technology (NASDAQ:SKYT) submitted a routine Form 144 disclosing that affiliate Thomas Sonderman plans to sell up to 14,958 common shares through J.P. Morgan Securities beginning on 06/26/2025. The proposed sale, originating from RSU vestings dated February 27 and March 14 2024, carries an estimated aggregate market value of $141,801.84. The company reports 48,037,024 shares outstanding, and no other insider sales have occurred in the past three months. The signer certifies no undisclosed material adverse information.