SkyWater (SKYT) CFO Steve Manko Sells 2,842 Shares for Tax Withholding

What Happened
Steve Manko, Chief Financial Officer of SkyWater Technology, disposed of 2,842 shares on 2026-03-16 at $27.86 per share, generating proceeds of about $79,178. The sale was a non-discretionary "sell-to-cover" transaction to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs), not an open-market sale intended as a market-timing trade.

Key Details

• Transaction date: 2026-03-16
• Price: $27.86 per share
• Shares disposed: 2,842; proceeds ≈ $79,178
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnote F1: Represents shares sold to cover statutory tax withholding on RSU vesting
• Filing: Report filed 2026-03-18 (filed within the typical 2-business-day Form 4 window)

Context
This was a routine tax-withholding sale related to RSU vesting (often called a "sell-to-cover"). Such transactions are administrative and do not necessarily reflect the insider's view on the company's stock. For investors, purchases and open-market sales by insiders can be more informative than sell-to-cover transactions.