Nancy Fares - 31 Jul 2026 Form 4 Insider Report for SkyWater Technology, LLC (SKYT)

Reporting relationship: Director
Issuer ticker: SKYT
Reported as of: 31 Jul 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 31 Jul 2026, 10:42:56 UTC
Prior SEC filing: 12 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Christopher Hilberg, Attorney-in-Fact

Key filing fact

Nancy Fares filed Form 4 for SkyWater Technology, LLC (SKYT) on 31 Jul 2026.

Key facts

This page summarizes Nancy Fares's Form 4 filing for SkyWater Technology, LLC (SKYT).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 31 Jul 2026, 10:42.

Change

Previous filing in this sequence was filed on 12 Jun 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001910402 Primary reporting owner

FARES NANCY

Relationship: Director
Address: 2401 EAST 86TH STREET, BLOOMINGTON
Signature: /s/ Christopher Hilberg, Attorney-in-Fact
Signature date: 31 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SKYT transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -43,501
Change %: -100%
Price
Shares after: 0
Date: 31 Jul 2026
Ownership: Direct
Footnotes: F1

SKYT transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -4,304
Change %: -100%
Price
Shares after: 0
Date: 31 Jul 2026
Ownership: Direct
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Nancy Fares is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Represents shares of common stock of SkyWater Technology, Inc. ("SkyWater") disposed of pursuant to the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 25, 2026, by and among SkyWater, IonQ, Inc. ("IonQ"), Merger Subsidiary 1 Inc. ("Merger Subsidiary 1"), and Iris merger Subsidiary 2 LLC (now known as SkyWater Technology, LLC) ("Surviving Company"), including the merger of Iris Merger Subsidiary 1 with and into Surviving Company (the "Second Merger"). At the effective time of the First Merger (the "Effective Time"), each share of SkyWater common stock outstanding immediately prior to the Effective Time (subject to certain exceptions described in the Merger Agreement) automatically converted into the right to receive $15 in cash and 0.4883 shares of common stock of IonQ plus cash in lieu of any fractional shares.

Footnote F2

Represents restricted stock units relating to shares of SkyWater common stock. Pursuant to the Merger Agreement, prior to the Effective Time, each award of restricted stock units relating to shares of SkyWater common stock held by a non-employee member of SkyWater's board of directors that was outstanding, whether vested or unvested, automatically became fully vested and settled in shares of SkyWater common stock. At the Effective Time, each share of SkyWater common stock automatically converted into the right to receive $15 in cash and 0.4883 shares of common stock of IonQ plus cash in lieu of any fractional shares.

SEC remarks

AS NOTED IN FOOTNOTE 1, IN THE SECOND MERGER, SKYWATER MERGED WITH AND INTO SKYWATER TECHNOLOGY, LLC (FORMERLY KNOWN AS IRIS MERGER SUBSIDIARY 2 LLC), WITH SKYWATER TECHNOLOGY, LLC SURVIVING THE MERGER.