Goetz Dennis J 4
Research Summary
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SkyWater (SKYT) Director Dennis J. Goetz Receives RSU Award
What Happened
Dennis J. Goetz, a director of SkyWater Technology, was granted 4,304 restricted stock units (RSUs) reported as an award (code A) on 2026-06-10. The RSUs were reported at $0.00 per share (typical for RSU grants) and therefore show no cash purchase; value will be realized if and when the RSUs vest and convert to shares.
Key Details
- Transaction date: 2026-06-10 (Form 4 filed 2026-06-12).
- Transaction type/code: Grant / Award (A).
- Amount: 4,304 RSUs; reported price $0.00 (no immediate cash outlay).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: RSUs vest on the date immediately preceding the next annual meeting of stockholders, contingent on the reporting person's continued service on that vesting date.
- Filing timeliness: Filed two days after the transaction date (appears timely under Form 4 rules).
Context
RSUs are a compensation award that convert into shares upon meeting vesting conditions (here, continued service until the day before the next annual meeting). This is not an open‑market purchase or sale and does not itself indicate a buying or selling decision; it reflects director compensation. No tax‑withholding or sale-on-vesting was reported in this filing.