Manko Steve 4/A
Research Summary
AI-generated summary
SkyWater (SKYT) CFO Steve Manko Sells 71,693 Shares
What Happened
Steve Manko, Chief Financial Officer of SkyWater Technology, sold 71,693 shares on March 16, 2026. The sales had a weighted-average price of $27.84 per share for a total proceeds of about $1,995,919. The transactions were reported as dispositions (S) and executed pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: March 16, 2026 (reported on an amended Form 4/A filed March 23, 2026).
- Price: weighted average $27.84; sales occurred at prices ranging $27.54 to $28.10.
- Total proceeds: ~$1,995,919.
- Footnote corrections: the amendment states the original report overstated the number sold by 9,708 shares; the correct number sold is 71,693.
- 10b5-1 plan: the sales were effected under a Rule 10b5-1 trading plan entered November 21, 2025.
- Shares owned after the transaction: not disclosed in the provided filing.
Context
Sales under a 10b5-1 plan are pre-arranged transactions and are commonly used for routine disposition of shares; they do not, by themselves, indicate the insider’s current view of the company. This filing amends a prior report to correct the number of shares sold.