Tech — Hardware
SkyWater Technology Executive Compensation (FY25)
SKYT · Bloomington, MN · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (DEF 14A): April 27, 2026
146 figures on this page, cited to the filing that reported them. See the citations
Disclosures span fiscal 2022 through fiscal 2025. Separately, the fiscal 2025 disclosure covers 3 named executive officers, and Thomas Sonderman, Chief Executive Officer, received $1,675,311 in total compensation for fiscal 2025, while compared with the $1,912,558 reported for fiscal 2024, Sonderman's total was 12.4% lower. As an emerging growth company, the company is exempt from the advisory say-on-pay vote.
This company is not required to report a chief executive pay ratio.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Thomas Sonderman: $1,912,558 → $1,675,311 (12.4% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is SkyWater Technology's chief executive and what were they paid?
Thomas Sonderman, Chief Executive Officer, received $1,675,311 in total compensation for fiscal 2025. Compared with the $1,912,558 reported for fiscal 2024, Sonderman's total was 12.4% lower.
What was SkyWater Technology's say-on-pay result?
As an emerging growth company, the company is exempt from the advisory say-on-pay vote.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Sonderman President and Chief Executive Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Bradley Ferguson Chief Government Affairs Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Steve Manko Chief Financial Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Sonderman Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
John Sakamoto President and Chief Operating Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mark Litecky Chief Revenue Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Steve Manko Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
John Spicer Former Chief Manufacturing Officer Departed during or after this year | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Sonderman Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
John Sakamoto President and Chief Operating Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Steve Manko Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Sonderman Chief Executive Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
John Sakamoto President and Chief Operating Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Steve Manko Chief Financial Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| John Sakamoto | OTHER | — | — | — | — | — | — | ◇ |
| Steve Manko | OTHER | — | — | — | — | — | — | ◇ |
| Thomas Sonderman | OTHER | — | — | — | — | — | — | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Steve Manko | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Thomas Sonderman | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| John Sakamoto | Option | ◇ | — | ◇ | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Dennis J. Goetz | ◇ | ◇ | — | — | — | — | ◇ |
Edward M. Daly | ◇ | ◇ | — | — | — | — | ◇ |
Nancy Fares | ◇ | ◇ | — | — | — | — | ◇ |
Joseph J. Humke | ◇ | ◇ | — | — | — | — | ◇ |
Loren A. Unterseher | ◇ | ◇ | — | — | — | — | ◇ |
Timothy E. Baxter Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Tammy J. Miller | ◇ | ◇ | — | — | — | — | ◇ |
Andrew D. C. LaFrence | ◇ | ◇ | — | — | — | — | ◇ |
Gary J. Obermiller | ◇ | — | — | — | — | — | ◇ |
Gregory B. Graves | ◇ | — | — | — | — | — | ◇ |
Thomas Sonderman served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
This company is an emerging growth company and is exempt from the advisory vote on executive compensation. There is no vote to report.
What this page does not include
Everything above is a fact SkyWater Technology disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
146 figures on this page, cited to the filing that reported them.
146 cited to the filing
Documents cited
- 0001140361-26-016806DIRECTOR COMPENSATION · Fiscal 2025 Director Compensation · Outstanding Equity Awards as of December 28, 2025 · Summary Compensation Table for Fiscal 2025 · and 1 more section
- 0001140361-25-012823Summary Compensation Table for Fiscal 2024
- 0001140361-24-019075Summary Compensation Table for Fiscal 2023
- 0001140361-23-020146Summary Compensation Table for Fiscal 2022
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “SkyWater Technology executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SKYT (accessed 2026).
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}