Silicom (SILC) CFO details RSU and option holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SILICOM LTD. CFO Gilad Eran filed an initial ownership report detailing his equity interests in the company held indirectly through a trustee. The filing shows 6,000 ordinary shares, restricted share units tied to 2,000 and 7,333 ordinary shares, and share options for 10,000 shares at $16.42 and 10,000 shares at $15.01. The RSUs and options vest in stages from 2026 through later anniversaries, with one RSU grant vesting on June 14, 2026 and others vesting annually starting January 29, 2026, while the options expire in 2032 and 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Gilad Eran
Role
CFO
| 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 — 2,000 shares (Indirect, By Trustee);
Share Option (right to buy) — 10,000 shares (Indirect, By Trustee);
Ordinary Shares — 6,000 shares (Indirect, By Trustee)
Footnotes (1)
- Each restricted share unit (RSU) represents the right to receive, following vesting, one share of the Issuer. 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. 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 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. 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.
FAQ
What does the Silicom (SILC) Form 3 filing by CFO Gilad Eran show?
The Form 3 shows CFO Gilad Eran’s initial reported equity holdings in Silicom. It lists ordinary shares, restricted share units linked to ordinary shares, and share options, all held indirectly through a trustee, along with vesting schedules and option exercise terms.
What stock options does Silicom (SILC) CFO Gilad Eran hold according to the Form 3?
The filing lists two option grants, each over 10,000 ordinary shares, with exercise prices of $16.42 and $15.01. Both grants vest 50% on the second and 50% on the third anniversary of their June 18, 2024 and June 18, 2025 grant dates, respectively.
Are Gilad Eran’s Silicom (SILC) holdings on Form 3 direct or indirect?
All reported holdings are indirect, listed as held "By Trustee." This means the shares, restricted share units, and options are held through a trustee structure, rather than directly in Eran’s own name, while still being reported as his beneficial interests.