Skyworks Solutions (SWKS) director converts 692 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SKYWORKS SOLUTIONS, INC. director Maryann Turcke exercised 692 restricted stock units into 692 shares of common stock on February 17, 2026 at a price of $0.0000 per share. Following this derivative exercise and conversion, she directly owns 6,427 shares of Skyworks common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
692 shares exercised/converted
Mixed
2 txns
Insider
Turcke Maryann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 692 | $0.00 | -- |
| Exercise | Common Stock | 692 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 6,427 shares (Direct)
Footnotes (1)
- Restricted stock units convert into shares of common stock on a one-for-one basis. The restricted stock units vested in three (3) equal annual installments, beginning on 2/15/2024 and ending on 2/15/2026.
FAQ
What insider transaction did Skyworks Solutions (SWKS) director Maryann Turcke report?
Maryann Turcke reported exercising 692 restricted stock units into 692 shares of Skyworks common stock. The transaction used code “M,” indicating a derivative exercise or conversion rather than an open-market purchase or sale, and was priced at $0.0000 per share.
What does transaction code M mean in the Skyworks Solutions (SWKS) Form 4?
Transaction code M in this Form 4 indicates the exercise or conversion of a derivative security. Here, 692 restricted stock units were converted on a one-for-one basis into 692 shares of Skyworks common stock, rather than representing a market purchase or sale transaction.
How did the restricted stock units convert in the Skyworks Solutions (SWKS) filing?
The restricted stock units converted into common stock on a one-for-one basis. Specifically, 692 restricted stock units became 692 shares of Skyworks common stock, consistent with the footnote stating that each restricted stock unit converts into one share of common stock upon vesting or exercise.
What was the vesting schedule for Maryann Turcke’s Skyworks (SWKS) restricted stock units?
The restricted stock units vested in three equal annual installments. Vesting began on February 15, 2024 and ended on February 15, 2026, as described in the footnote, leading to the final installment’s conversion around the February 17, 2026 transaction date.