SONDERMAN THOMAS 4
Research Summary
AI-generated summary
SkyWater CEO Thomas Sonderman Sells 13,201 Shares for Taxes
What Happened
- Thomas Sonderman, CEO and Director of SkyWater Technology (SKYT), sold 13,201 shares on 2026-03-16 at $27.86 per share to satisfy statutory tax withholding related to the vesting of restricted stock units (RSUs). The shares disposed generated approximately $367,780. This was a routine sell-to-cover for taxes, not an open-market investment sale.
Key Details
- Transaction date and price: 2026-03-16, 13,201 shares at $27.86 each.
- Transaction value: ≈ $367,780.
- Transaction code: F — shares sold to cover tax withholding on RSU vesting (see footnote F1).
- Footnote: F1 — sale represents shares sold to satisfy statutory tax withholding obligations on RSU vesting.
- Filing: Report filed 2026-03-18 (within the typical two-business-day Form 4 window; not marked late).
- Shares owned after transaction: not specified in the provided filing.
Context
- This was a sell-to-cover (tax withholding) related to RSU vesting, a common administrative transaction that does not necessarily indicate the insider's view on the company. Purchases are generally more informative about insider conviction; routine tax-withholding sales are standard and frequent.