Batey Alan S. 4
Research Summary
AI-generated summary
Skyworks (SWKS) Director Alan Batey Receives RSU Award and Converts
What Happened
- Alan S. Batey, a director of Skyworks Solutions (SWKS), received a grant of 3,724 restricted stock units (RSUs) on May 13, 2026. The filing shows 3,664 RSUs were converted/exercised into common shares on May 14, 2026, and 3,664 shares were recorded as disposed at $0.00 (derivative disposition).
- The reported grant and conversion show $0 cash paid/received on the filing (typical for RSU grants and tax-withholding share transfers). This is an award/vesting event rather than an open-market purchase or a cash sale.
Key Details
- Dates and amounts: Grant (A) — 3,724 RSUs on 2026-05-13 @ $0.00; Exercise/conversion (M) — 3,664 shares acquired on 2026-05-14 (N/A price); Exercise/conversion (M) — 3,664 shares disposed on 2026-05-14 @ $0.00 (derivative).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: RSUs convert one-for-one into common shares (F1); each RSU is the contingent right to one share (F2); the filing notes these units vested on May 14, 2026 (F4). (The filing also includes a note that some RSUs vest on May 13, 2027 (F3) but the relevant units here are shown as vested 5/14/2026.)
- Filing timeliness: Form 4 was filed on 2026-05-15 for transactions reporting period 2026-05-13 — the report was filed within the usual two-business-day window.
Context
- The disposition at $0.00 is consistent with shares being withheld or transferred to satisfy tax withholding obligations on vesting (a non-market transfer), not an open-market sale. RSU grants and standard tax-withholding disposals are common executive/director compensation events and do not necessarily indicate a change in insider sentiment.