SkyWater Technology, Inc·4

Feb 19, 5:11 PM ET

Manko Steve 4

Research Summary

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Updated

SkyWater (SKYT) CFO Steve Manko Withholds 7,145 Shares for Taxes

What Happened

  • Steve Manko, Chief Financial Officer of SkyWater Technology, had 7,145 shares of common stock withheld to satisfy tax withholding obligations in connection with the vesting of previously granted restricted stock units. The withheld shares are reported as a disposition at $28.77 per share, totaling approximately $205,562.

Key Details

  • Transaction date: 2026-02-17; filing date (Form 4): 2026-02-19.
  • Price: $28.77 per share; Total value of withheld shares: ~$205,562.
  • Transaction code: F (tax withholding — shares withheld to cover taxes on vested RSUs).
  • Shares owned after the transaction: Not disclosed in this Form 4.
  • Footnote: The issuer withheld shares that otherwise would have been issued to satisfy tax withholding obligations related to previously reported RSU vesting (per Rule 16b-3).
  • Timeliness: Filing appears timely (Form 4 filed two days after the report date).

Context

  • This was a tax-withholding/cashless settlement of vested restricted stock units, not an open-market sale. Such withholdings are routine administrative actions to cover tax liabilities and do not necessarily indicate the insider’s view on the company’s prospects.