Silicom (SILC) EVP discloses RSUs, stock options and share holdings

Rhea-AI Filing Summary

SILICOM LTD. executive vice president of project management Yuval Karp filed a Form 3 reporting his existing equity interests in the company. He holds indirectly, through a trustee, 2,000 restricted share units (RSUs) that convert into one ordinary share each after vesting, plus an additional 7,333 RSUs that vest in three annual tranches of 2,445, 2,444 and 2,444 units starting one year after the January 29, 2026 grant date, subject to continued service. He also holds two stock option awards covering 10,000 ordinary shares each, with exercise prices of 16.4200 and 15.0100 per share that vest 50% on the second and 50% on the third anniversaries of their respective June 18, 2024 and June 18, 2025 grant dates, and remain exercisable until 2032 and 2033. In addition, he indirectly holds 2,000 ordinary shares through a trustee.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Karp Yuval

(Last) (First) (Middle)

14 ATIR YEDA

(Street)

KFAR SAVA 4464323

(City) (State) (Zip)

ISRAEL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
SILICOM LTD. [ SILC ]

3a. Foreign Trading Symbol
[SILC]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Project Management

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	2,000	I	By Trustee

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(2)	(2)	Ordinary Shares	2,000	(1)	I	By Trustee
Restricted Share Units	(3)	(3)	Ordinary Shares	7,333	(1)	I	By Trustee
Share Option (right to buy)	(4)	06/18/2032	Ordinary Shares	10,000	$16.42	I	By Trustee
Share Option (right to buy)	(5)	06/18/2033	Ordinary Shares	10,000	$15.01	I	By Trustee

Explanation of Responses:

1. Each restricted share unit (RSU) represents the right to receive, following vesting, one share of the Issuer.

2. 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.

3. 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.

4. 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.

5. 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.

	/s/ Karp Yuval	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the SILICOM LTD. (SILC) Form 3 for Yuval Karp show?

The Form 3 shows EVP Project Management Yuval Karp’s existing indirect holdings in SILICOM LTD., including restricted share units, stock options, and ordinary shares held via a trustee, rather than new market purchases or sales.

How many restricted share units does Yuval Karp hold in SILICOM LTD. (SILC)?

Yuval Karp holds 2,000 restricted share units that convert into ordinary shares after vesting and another 7,333 restricted share units vesting in three annual tranches, all indirectly through a trustee and subject to his continued service with the company.

What stock options are reported for Yuval Karp in SILICOM LTD. (SILC)?

He holds two indirect stock option grants, each covering 10,000 ordinary shares. The exercise prices are 16.4200 and 15.0100, vesting 50% on the second and 50% on the third anniversaries of June 18, 2024 and June 18, 2025 respectively.

When do Yuval Karp’s SILICOM LTD. (SILC) RSUs vest and convert to shares?

One RSU award vests and converts into ordinary shares on June 14, 2026, subject to continuous service. Another 7,333 RSUs vest in three annual installments starting one year after the January 29, 2026 grant date, again requiring continued service on each vesting date.

How long are Yuval Karp’s SILICOM LTD. (SILC) stock options exercisable?

The options granted June 18, 2024 are exercisable until 2032-06-18, while those granted June 18, 2025 are exercisable until 2033-06-18. Both sets require vesting, with half vesting on the second anniversary and half on the third anniversary of each grant date.

Are Yuval Karp’s SILICOM LTD. (SILC) holdings direct or indirect?

All reported positions are indirect, held "By Trustee." This includes his restricted share units, stock options over ordinary shares, and 2,000 ordinary shares, reflecting beneficial interests administered through a trustee structure rather than in his own name.