SONDERMAN THOMAS 4

What Happened
Thomas Sonderman, CEO and Director of SkyWater Technology (SKYT), had 5,767 shares of common stock withheld by the issuer to satisfy tax withholding obligations related to vested restricted stock units. The withheld shares are reported as a disposition at $28.77 per share, totaling approximately $165,917. This was a tax-withholding/cashless transaction, not an open-market sale.

Key Details

• Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-19)
• Price per share: $28.77; Shares withheld: 5,767; Total value: ~$165,917
• Shares owned after transaction: Not disclosed in the Form 4 filing
• Footnote: F1 — issuer withheld shares to satisfy tax withholding on vested RSUs previously reported under Rule 16b-3
• Filing timeliness: Form 4 filed on Feb 19, 2026; appears timely (within typical two-business-day deadline)

Context
Withholding shares to cover taxes on vested restricted stock units is a routine administrative action and is reported under code F (tax withholding). It should not be interpreted as an open-market sale indicating a change in the insider’s view of the company. For investors, purchases or open-market sales are generally more informative about insider sentiment than tax-withholding dispositions.