Silicom (SILC) VP R&D reports RSUs, options and shares in Form 3

Rhea-AI Filing Summary

Silicom Ltd. VP R&D David Hendel filed an initial Form 3 reporting indirect equity holdings held by a trustee. The filing lists restricted share units linked to 2,000 and 8,000 ordinary shares, plus 2,500 ordinary shares.

RSUs for 2,000 shares vest and convert into ordinary shares on June 14, 2026, subject to continuous service. The 8,000 RSUs vest in three annual tranches of 2,667, 2,667 and 2,666 shares starting one year after the January 29, 2026 grant date. Hendel also reports options over 10,000 shares at an exercise price of $16.42 expiring on June 18, 2032, and options over 15,000 shares at $15.01 expiring on June 18, 2033, each vesting 50% on the second and 50% on the third anniversary of their respective June 18, 2024 and June 18, 2025 grant dates.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Hendel David

Role VP R&D

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 — 2,500 shares (Indirect, By Trustee)

Footnotes (1)

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) 2,667 of the RSUs will vest and convert into ordinary shares one year after the grant date (which grant date is January 29, 2026), (b) 2,667 of the RSUs will vest and convert into ordinary shares on the second annual anniversary of the grant date and (c) 2,666 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.

Understanding Insider Trading Forms →

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

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Hendel David

(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)
	VP R&D

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	2,500	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	8,000	(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	15,000	$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) 2,667 of the RSUs will vest and convert into ordinary shares one year after the grant date (which grant date is January 29, 2026), (b) 2,667 of the RSUs will vest and convert into ordinary shares on the second annual anniversary of the grant date and (c) 2,666 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/ Hendel David	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 David Hendel’s Form 3 for Silicom (SILC) report?

David Hendel’s Form 3 reports his initial beneficial ownership in Silicom through a trustee. It lists indirect holdings of ordinary shares, restricted share units that will convert into shares upon vesting, and stock options with specified exercise prices, vesting schedules, and expiration dates.

How many restricted share units does Silicom VP R&D David Hendel report?

David Hendel reports two blocks of restricted share units tied to Silicom ordinary shares. One block represents 2,000 underlying shares, and another represents 8,000 underlying shares. Each RSU converts into one ordinary share upon vesting, subject to his continuous service with Silicom.

When do David Hendel’s Silicom restricted share units vest?

RSUs linked to 2,000 Silicom shares vest on June 14, 2026, if his service continues. The 8,000-share RSU grant vests in three annual tranches of 2,667, 2,667, and 2,666 shares on the first, second, and third anniversaries of the January 29, 2026 grant date.

What stock options are disclosed for David Hendel in Silicom (SILC)?

The Form 3 shows options over 10,000 Silicom ordinary shares at a $16.42 exercise price expiring June 18, 2032, and options over 15,000 shares at $15.01 expiring June 18, 2033. Each grant vests 50% on the second and 50% on the third anniversary of its June 18 grant date.

Are David Hendel’s Silicom holdings direct or indirect in this Form 3?

All reported Silicom holdings in this Form 3 are indirect, held “By Trustee.” This applies to his ordinary shares, restricted share units, and stock options. The trustee structure means the securities are not shown as directly owned in his personal name.

What ordinary share holdings does David Hendel report in Silicom (SILC)?

Beyond RSUs and options, David Hendel reports 2,500 Silicom ordinary shares held indirectly by a trustee. These are separate from the shares that may be issued in the future when his restricted share units vest and when any vested stock options are exercised.