Director files Rule 144 to sell 500 SILC shares (NASDAQ: SILC)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
SILC filed a Rule 144 notice to sell 500 ordinary shares. The notice reports a 05/07/2026 sale of 500 shares for $22,500 by David Hendel. The filing also lists 2,000 Restricted Stock Units granted 06/14/2023. Additional issuer line items include an entry dated 05/13/2026 and a listed figure 5,706,142 in the excerpt.
Positive
- None.
Negative
- None.
Key Figures
Shares sold: 500 shares
Proceeds: $22,500
Restricted Stock Units: 2,000 RSUs
+1 more
4 metrics
Shares sold
500 shares
sale dated 05/07/2026 by David Hendel
Proceeds
$22,500
amount reported for the 500-share sale
Restricted Stock Units
2,000 RSUs
listed with grant date 06/14/2023
Excerpted issuer figure
5,706,142
number shown in issuer line with date 05/13/2026
Key Terms
Restricted Stock Units, Rule 144, Ordinary Shares
3 terms
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 2000 | 06/14/2023"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 144 regulatory
"Filer Information | 144: Filer Information"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
FAQ
What did SILC disclose in this Rule 144 filing?
It disclosed a proposed sale of 500 ordinary shares. The filing names David Hendel, shows a 05/07/2026 sale for $22,500, and references 2,000 Restricted Stock Units dated 06/14/2023 in the excerpt.
Does the filing show any equity awards for SILC?
Yes — it lists 2,000 Restricted Stock Units. Those RSUs are dated 06/14/2023 in the excerpt; the filing lists them under securities to be sold or related holdings.
Who is the reporting person named in the excerpt?
The filing names David Hendel. The excerpt shows an address and identifies him with the 500-share sale dated 05/07/2026 and the reported proceeds of $22,500.