Manko Steve 4

What Happened Steve Manko, Chief Financial Officer of SkyWater Technology, reported the sale of 75,000 shares of SKYT in an open-market transaction on May 11, 2026. The reported weighted-average price was $35.08 per share, for total proceeds of approximately $2,630,625. This was a sale (not a purchase or option exercise), which is commonly routine insider selling.

Key Details

• Transaction date: May 11, 2026 (reported on Form 4 filed May 13, 2026).
• Shares sold: 75,000; weighted-average price: $35.08; total proceeds: ~$2,630,625.
• Price range: shares were sold in multiple trades at prices from $35.000 to $35.240 (per filing footnote).
• Transaction code: S (Sale).
• Executed pursuant to a Rule 10b5-1 trading plan entered November 21, 2025 (per footnote).
• Shares owned after the transaction: not disclosed in the information provided.
• Filing timeliness: Form 4 filed two days after the transaction date — appears timely under normal Form 4 rules.

Context The sale was carried out under a pre-established Rule 10b5-1 plan, which often schedules trades in advance and can indicate the transaction was pre-planned rather than opportunistic. Sales by executives can be routine (e.g., diversification, tax planning) and do not alone indicate a change in company outlook; purchases tend to be more informative about insider conviction.