David P McGlade 4
Research Summary
AI-generated summary
Skyworks (SWKS) Director David McGlade Receives RSU Award
What Happened
- David P. McGlade, a director of Skyworks Solutions (SWKS), received a grant of 3,724 restricted stock units (RSUs) on 2026-05-13. The RSUs vested on 2026-05-14 and convert one-for-one into common shares.
- On 2026-05-14 the filing shows conversion/exercise of 3,664 derivative units into common shares and a same-day disposition of 3,664 shares (reported at $0.00). After the transactions the award results in a net increase of 60 common shares (3,724 granted minus 3,664 disposed).
Key Details
- Transaction dates: Grant 2026-05-13; vesting/conversion and disposition 2026-05-14.
- Reported prices/consideration: Grant reported at $0.00; conversion shows N/A for acquisition and $0.00 for the disposition in the filing.
- Net effect: +60 shares retained from this award (3,724 granted − 3,664 disposed).
- Footnotes: F1/F3 clarify RSUs convert 1-for-1 into common stock; F5 confirms RSU vesting date (5/14/2026). F2 documents prior trust/GRAT transfers exempt from Section 16.
- Timeliness: Report covers period 2026-05-13 and was filed 2026-05-15 (appears timely for a Form 4).
Context
- The same-day conversion and disposition pattern is commonly used to satisfy tax withholding or to cash out part of a vesting award; the filing itself reports the disposition at $0.00 and does not specify the reason. This was an award/vesting event (not an open-market purchase or voluntary sale) and resulted in a small net addition of shares.