SILC (NASDAQ: SILC) files Form 144 reporting sale of 8,900 shares

Rhea-AI Filing Summary

SILC submitted a Form 144 notice reporting an intention to sell 8,900 Ordinary Shares. The filing lists Related Restricted Stock Units granted on 01/27/2022 (7,000), 06/08/2020 (4,000) and 01/30/2017 (900), which appear in the securities schedule.

Insights

Corporate Securities Compliance

Form 144 filed to report a Rule 144 resale of ordinary shares and related RSUs.

The filing lists 8,900 Ordinary Shares offered for sale and identifies previously granted Restricted Stock Units with grant dates and share counts. This is an administrative resale notice under Rule 144 rather than an offering document.

Cash‑flow treatment and purchaser details are not shown in the excerpt; subsequent Form 4 or broker disclosures may record completed transactions.

Key Figures

Ordinary Shares to be sold: 8,900 shares Restricted Stock Units (grant date 01/27/2022): 7,000 shares Restricted Stock Units (grant date 06/08/2020): 4,000 shares +1 more

4 metrics

Ordinary Shares to be sold 8,900 shares Form 144 securities to be sold line

Restricted Stock Units (grant date 01/27/2022) 7,000 shares Listed under securities to be sold

Restricted Stock Units (grant date 06/08/2020) 4,000 shares Listed under securities to be sold

Restricted Stock Units (grant date 01/30/2017) 900 shares Listed under securities to be sold

Key Terms

Form 144, Restricted Stock Units, Ordinary Shares

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 7000 | 01/27/2022"

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.

Ordinary Shares financial

"Ordinary Shares | Oppenheimer & Co. Inc ... | NASDAQ"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary Shares	Oppenheimer & Co. Inc 85 Broad st. New York NY 10004	8900	393291.00	5706142	05/07/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary Shares	01/27/2022	Restricted Stock Units	Issuer			7000	01/27/2022	N/A
Ordinary Shares	06/08/2020	Restricted Stock Units	Issuer			4000	06/08/2020	N/A
Ordinary Shares	01/30/2017	Restricted Stock Units	Issuer			900	01/30/2017	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SILC's Form 144 report?

The Form 144 reports an intention to sell 8,900 Ordinary Shares. It also lists restricted stock units granted on 01/27/2022 (7,000), 06/08/2020 (4,000) and 01/30/2017 (900).

Does the Form 144 itself complete the sale for SILC?

No. Form 144 is a notice of proposed sale under Rule 144, not proof of sale. Actual transfers or broker reports would appear in separate transaction records or broker confirmations.

Are restricted stock units (RSUs) included in the 8,900 shares for SILC?

The filing lists RSU grant dates and share counts alongside the sale notice, showing 7,000; 4,000; and 900 RSUs. The excerpt does not state whether those RSUs are being sold as part of the 8,900 shares.

Where will SILC ordinary shares trade according to the form?

The excerpt indicates the shares are listed on NASDAQ. The Form 144 identifies the security as Ordinary Shares with an exchange designation of NASDAQ.