Silicom (SILC) EVP Daniel Cohen reports RSUs, options and shares
Rhea-AI Filing Summary
SILICOM LTD. executive vice president of operations Daniel Cohen filed an initial ownership report showing indirect equity interests held by a trustee. The filing lists 2,000 restricted share units (RSUs) and 7,333 RSUs, each convertible into one ordinary share after vesting, plus 2,000 ordinary shares.
It also discloses two option grants over 10,000 ordinary shares each, exercisable at $16.42 and $15.01 per share and expiring on June 18, 2032 and June 18, 2033. The RSUs and options vest in scheduled annual installments from June 14, 2026 and from the second and third anniversaries of the respective June 18, 2024 and January 29, 2026 and June 18, 2025 grant dates, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
COHEN DANIEL (DC)
Role
EVP Operation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 9,333 shares (Indirect, By Trustee);
Share Option (right to buy) — 20,000 shares (Indirect, By Trustee);
Ordinary Shares — 2,000 shares (Indirect, By Trustee)
Footnotes (5)
- F1. Each restricted share unit (RSU) represents the right to receive, following vesting, one share of the Issuer.
- F2. The RSUs will vest and convert into ordinary shares, on June 14, 2026, subject to the Reporting Person's continuous service relationship with the Issuer on the vesting date.
- F3. Subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date, (a) 2,445 of the RSUs will vest and convert into ordinary shares one year after the grant date (which grant date is January 29, 2026), (b) 2,444 of the RSUs will vest and convert into ordinary shares on the second annual anniversary of the grant date and (c) 2,444 of the RSUs will vest and convert into ordinary shares on the three year anniversary of the grant date. If a vesting date falls on a non-business date, the next business date shall apply
- F4. Each option represents an option to purchase one share of the Issuer's ordinary shares upon vesting. The options were granted on June 18, 2024 (the "Grant Date") and will vest as follows: (a) 50% on the second annual anniversary of the Grant Date; and (b) 50% on the third annual anniversary of the Grant Date, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date.
- F5. Each option represents an option to purchase one share of the Issuer's ordinary shares upon vesting. The options were granted on June 18, 2025 (the "Grant Date") and will vest as follows: (a) 50% on the second annual anniversary of the Grant Date; and (b) 50% on the third annual anniversary of the Grant Date subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filing for SILICOM LTD. (SILC) show about Daniel Cohen’s holdings?
The Form 3 shows Daniel Cohen’s initial indirect equity interests in Silicom, held by a trustee. It lists RSUs, stock options, and ordinary shares, each with specified vesting schedules and, for options, exercise prices and expirations, establishing his baseline ownership position as an executive.
What stock option grants are disclosed for Daniel Cohen in SILICOM LTD. (SILC)?
The filing discloses two option grants, each over 10,000 ordinary shares. One has a $16.42 exercise price and expires June 18, 2032; the other has a $15.01 exercise price and expires June 18, 2033. Both vest 50% on the second and 50% on the third anniversaries of their grant dates.
How do the RSUs for SILICOM LTD. (SILC) executive Daniel Cohen vest over time?
One RSU award vests and converts into ordinary shares on June 14, 2026, if Cohen remains in service. Another 7,333 RSUs vest in three tranches of 2,445, 2,444, and 2,444 shares on the first, second, and third anniversaries of January 29, 2026, respectively.
Are Daniel Cohen’s SILICOM LTD. (SILC) holdings direct or indirect?
All reported positions, including RSUs, options, and 2,000 ordinary shares, are classified as indirect ownership held “By Trustee.” This means a trustee is the registered holder, while Cohen is the reporting person for beneficial ownership and associated equity incentives granted by Silicom.