Baxter Timothy E 4
4 · SkyWater Technology, Inc · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
SkyWater (SKYT) Director Timothy E. Baxter Receives RSU Award
What Happened
- Timothy E. Baxter, a director of SkyWater Technology, was granted 5,738 restricted stock units (RSUs) on 2026-06-10. The Form 4 reports an acquisition price of $0.00 for the award (transaction code A).
Key Details
- Transaction date: 2026-06-10 (Form 4 filed 2026-06-12)
- Transaction type/code: Award/Grant (A)
- Shares/units granted: 5,738 RSUs
- Reported acquisition price on Form 4: $0.00 (award grant)
- Shares owned following the transaction: Not disclosed in the filing
- Footnote: RSUs vest on the date immediately preceding the next annual meeting of stockholders, contingent on Baxter’s continued service on that vesting date (per footnote F1)
- Filing timeliness: Filed within normal Form 4 reporting window (no late filing indicated)
Context
- RSU grants are a common form of director compensation and represent a future right to receive shares if vesting conditions are met; they do not involve an immediate cash purchase or sale. This award alone is informational about compensation, not a direct market bet by the insider.
Insider Transaction Report
Form 4
Baxter Timothy E
Director
Transactions
- Award
Common Stock
[F1]2026-06-10+5,738→ 17,166 total
Footnotes (1)
- [F1]Represents a grant of restricted stock units ("RSUs"). The RSUs vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders, contingent on the reporting person's continued service on such vesting date.
Signature
/s/ Christopher Hilberg, Attorney-in-Fact|2026-06-12