SkyWater Technology, Inc·4

Jun 12, 5:00 PM ET

FARES NANCY 4

Research Summary

AI-generated summary

Updated

SkyWater (SKYT) Director Nancy Fares Receives RSU Award — 4,304 Shares

What Happened
Nancy Fares, a director of SkyWater Technology, was granted 4,304 restricted stock units (RSUs) on June 10, 2026. The grant shows an acquisition of 4,304 shares at $0.00 (a typical accounting presentation for RSU awards), with no immediate cash exchanged.

Key Details

  • Transaction date: 2026-06-10 (Form 4 filed 2026-06-12). Filing appears timely (within typical 2-business-day window).
  • Transaction type/code: Award/Grant (A) — restricted stock units.
  • Shares/count: 4,304 RSUs granted; reported value shown as $0.00 (RSUs are not purchased).
  • Vesting: Per footnote, the RSUs vest on the date immediately preceding the next annual meeting of stockholders, contingent on the reporting person’s continued service on that vesting date.
  • Shares owned after transaction: Not specified in the information provided.

Context
This is an equity award to a director, not an open-market purchase or sale. RSU grants are common as compensation and do not necessarily indicate an immediate bullish or bearish sentiment. Vesting is service-based, so the shares become deliverable only if the director remains in service through the stated vesting date.