Baxter Timothy E 4

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.