SkyWater Technology (SKYT) CFO amends Form 4, confirms 71,693-share sale
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
SkyWater Technology CFO Steve Manko filed an amended insider trading report correcting a prior error and confirming an open-market share sale. On March 16, 2026, he sold 71,693 shares of common stock at a weighted average price of $27.8398 per share in multiple trades between $27.54 and $28.10. The filing states the earlier report overstated the sale by 9,708 shares. The transaction was made under a pre-arranged Rule 10b5-1 trading plan entered into on November 21, 2025. After this sale, Manko directly holds 224,874 shares of SkyWater common stock.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 71,693 shares ($1,995,919)
Net Sell
1 txn
Insider
Manko Steve
Role
CFO
Sold
71,693 shs ($2.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 71,693 | $27.8398 | $2.00M |
Holdings After Transaction:
Common Stock — 224,874 shares (Direct)
Footnotes (1)
- Due to an administrative error, the number of securities reported as sold by the Reporting Person on March 16, 2026 was overstated by 9,708 shares. This Form 4/A is being filed to report the correct number of shares sold, which was 71,693. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on November 21, 2025. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.54 to $28.10 , inclusive.
FAQ
What insider transaction did SkyWater Technology (SKYT) report for its CFO?
SkyWater Technology CFO Steve Manko reported an amended insider sale of 71,693 shares of common stock on March 16, 2026. The transaction was an open-market sale, updating a previous report that had overstated the number of shares sold.
Why was the SkyWater Technology (SKYT) Form 4 amended for the CFO?
The Form 4 was amended because the initially reported number of shares sold on March 16, 2026 was overstated by 9,708 shares. The Form 4/A corrects this, confirming that 71,693 shares of common stock were actually sold by the reporting person.