SkyWater director Unterseher logs SKYT stock sales and trust shifts
Rhea-AI Filing Summary
SkyWater Technology (SKYT) director and 10% owner Loren A. Unterseher reported several changes in his indirect and direct ownership of common stock. On October 3, 2025, multiple gifts or transfers (coded G) moved large blocks of shares among a 2023 grantor retained annuity trust, trusts for his son and daughter, and a revocable trust, all at a reported price of $0 per share. On November 13, 2025, he sold 2,200 shares at a weighted average price of $20.5472, followed by a sale of 12,000 shares on November 17, 2025 at a weighted average price of $17.451. The filing notes that, since his last ownership report, 2,000,000 shares were transferred to his former spouse under a domestic relations order, and that certain shares are held through CMI Oxbow Partners, LLC, Oxbow Industries, LLC, a family irrevocable trust, and other family-related trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,000 | $17.451 | $209K |
| Sale | Common Stock | 2,200 | $20.5472 | $45K |
| Gift | Common Stock | 2,480,746 | $0.00 | -- |
| Gift | Common Stock | 457,232 | $0.00 | -- |
| Gift | Common Stock | 457,232 | $0.00 | -- |
| Gift | Common Stock | 457,232 | $0.00 | -- |
| Gift | Common Stock | 457,232 | $0.00 | -- |
| Gift | Common Stock | 651,818 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Reflects the weighted average price of 2,200 shares of common stock of SkyWater Technology, Inc. sold in multiple transactions on November 13, 2025 with sale prices ranging from $20.50 to $20.77 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Since the date of the reporting person's last ownership report, 2,000,000 shares of common stock were transferred to his former spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse. Mr. Unterseher is President of CMI Oxbow Partners, LLC ("CMI") and Managing Partner of Oxbow Industries, LLC ("Oxbow"), which is the majority member of CMI. CMI directly holds the shares of Common Stock reported in Column 5. As a result, he may be deemed to be the beneficial owner of, and to have a pecuniary interest in, such shares of Common Stock. Mr. Unterseher disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein. Reflects the weighted average price of 12,000 shares of common stock of SkyWater Technology, Inc. sold in multiple transactions on November 17, 2025 with sale prices ranging from $17.25 to $17.505 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Oxbow directly holds the shares reported in Column 5. Shares owned directly by Mr. Unterseher.
FAQ
What does this Form 4 for SkyWater Technology (SKYT) report?
This Form 4 reports changes in the ownership of SkyWater Technology, Inc. (SKYT) common stock by director and 10% owner Loren A. Unterseher, including gifts or transfers among trusts, open-market sales, and a previously completed transfer of shares to his former spouse.