Loren A. Unterseher - 09 Sep 2025 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Role
Director, 10%+ Owner
Signature
/s/ Loren A. Unterseher
Issuer symbol
SKYT
Transactions as of
09 Sep 2025
Net transactions value
-$2,504,438
Form type
4
Filing time
11 Sep 2025, 18:45:05 UTC
Previous filing
03 Sep 2025
Next filing
16 Sep 2025
SEC
View on sec.gov

Reporting Owners (3)

Name Relationship Address Signature Signature date CIK
Unterseher Loren A Director, 10%+ Owner 4450 EXCELSIOR BLVD, SUITE 440, MINNEAPOLIS /s/ Loren A. Unterseher 11 Sep 2025 0001741560
CMI Oxbow Partners, LLC Director, 10%+ Owner 4450 EXCELSIOR BOULEVARD, SUITE 440, MINNEAPOLIS /s/ Loren A. Unterseher 11 Sep 2025 0001857392
Oxbow Industries, LLC Director, 10%+ Owner 4450 EXCELSIOR BOULEVARD, SUITE 440, MINNEAPOLIS /s/ Loren A. Unterseher 11 Sep 2025 0001857514

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYT Common Stock Sale $67,582 -6,218 -0.08% $10.87 7,594,027 09 Sep 2025 Direct F1, F2
transaction SKYT Common Stock Sale $46,755 -4,396 -0.06% $10.64 7,589,631 10 Sep 2025 Direct F2, F3
transaction SKYT Common Stock Sale $2,390,101 -229,029 -3% $10.44 7,360,602 11 Sep 2025 Direct F2, F4, F5
holding SKYT Common Stock 3 09 Sep 2025 Direct F6
holding SKYT Common Stock 23,713 09 Sep 2025 Direct F7
holding SKYT Common Stock 2,480,746 09 Sep 2025 By 2023 grantor retained annuity trust
holding SKYT Common Stock 230,580 09 Sep 2025 By trust for benefit of son
holding SKYT Common Stock 230,580 09 Sep 2025 By trust for benefit of son
holding SKYT Common Stock 230,579 09 Sep 2025 By trust for benefit of daughter
holding SKYT Common Stock 230,579 09 Sep 2025 By trust for benefit of daughter
holding SKYT Common Stock 52,317 09 Sep 2025 By spouse
holding SKYT Common Stock 531,283 09 Sep 2025 By family irrevocable trust
holding SKYT Common Stock 1,229,864 09 Sep 2025 By 2024 grantor retained annuity trust
holding SKYT Common Stock 2 09 Sep 2025 By revocable trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 6,218 shares of common stock of SkyWater Technology, Inc. sold in multiple transactions on September 9, 2025 with sale prices ranging from $10.80 to $10.97 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.
F2 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.
F3 Reflects the weighted average price of 4,396 shares of common stock of SkyWater Technology, Inc. sold in multiple transactions on September 10, 2025 with sale prices ranging from $10.60 to $10.67 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.
F4 Reflects the weighted average price of 229,029 shares of common stock of SkyWater Technology, Inc. sold in multiple transactions on September 11, 2025 with sale prices ranging from $10.00 to $10.50 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.
F5 Includes 120,000 sold automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025.
F6 Oxbow directly holds the shares reported in Column 5.
F7 Shares owned directly by Mr. Unterseher.