Silicom Ltd. (SILC) CFO sells 7,000 shares after option exercise
Rhea-AI Filing Summary
Silicom Ltd. chief financial officer Gilad Eran indirectly exercised share options and sold shares held by a trustee. On 2026-08-06 he exercised options for 5,000 ordinary shares at 16.42 per share and then sold a total of 7,000 ordinary shares at prices of 46.56 and 44.44 per share.
All reported positions are held by a trustee under Silicom’s equity incentive plan. After these transactions he continues to hold indirect equity awards, including share options covering 10,000 ordinary shares at an exercise price of 15.01 per share and 7,333 restricted share units that vest in tranches over three years, subject to his continuous service.
Positive
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Negative
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Gilad Eran
Role
CFO
Sold
7,000 shs ($311K)
Approx. gross sale proceeds
$311K
Approx. exercise cost
$82K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (right to buy) F1, F2 | 5,000 | $0.00 | $0.00 |
| Exercise | Ordinary shares F2 | 5,000 | $16.42 | $82K |
| Sale | Ordinary shares F2 | 25 | $46.56 | $1K |
| Sale | Ordinary shares F2 | 6,975 | $44.44 | $310K |
| holding | Share Option (right to buy) F4, F2 | -- | -- | -- |
| holding | Restricted Share Units F3, F5, F2 | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 15,000 shares (Indirect, By Trustee);
Ordinary shares — 0 shares (Indirect, By Trustee);
Restricted Share Units — 7,333 shares (Indirect, By Trustee)
Footnotes (5)
- F1. On June 18, 2024 (the "Grant Date"), the Reporting Person was granted an aggregate of 10,000 options of which 50% were due to vest on the second anniversary of the Grant Date and 50% are due to vest on the third annual anniversary of the Grant date, subject to his continuous service relationship with the Issuer through each applicable vesting date.
- F2. These securities are held by a trustee pursuant to the Issuer's equity incentive plan.
- F3. Each restricted share unit (RSU) represents the right to receive, following vesting, one share of the Issuer.
- 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, 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.
- F5. 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.
Key Figures
Options exercised: 5,000 shares at 16.42 per share
Shares sold at 46.56: 25 shares at 46.56 per share
Shares sold at 44.44: 6,975 shares at 44.44 per share
+3 more
6 metrics
Options exercised
5,000 shares at 16.42 per share
Share options exercised into ordinary shares on 2026-08-06
Shares sold at 46.56
25 shares at 46.56 per share
Indirect sale of ordinary shares on 2026-08-06 by trustee
Shares sold at 44.44
6,975 shares at 44.44 per share
Indirect sale of ordinary shares on 2026-08-06 by trustee
Net shares sold
7,000 shares
Net buy/sell shares across reported transactions
Remaining options
10,000 underlying shares at 15.01 per share
Indirect share options expiring 2033-06-18
Restricted share units
7,333 underlying shares
Indirect RSU position following reported transactions
Key Terms
Share Option (right to buy), Restricted Share Units, equity incentive plan, Grant Date, +1 more
5 terms
equity incentive plan financial
"These securities are held by a trustee pursuant to the Issuer's equity incentive plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Grant Date financial
"On June 18, 2024 (the "Grant Date"), the Reporting Person was granted an aggregate of 10,000 options"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vesting date financial
"subject to his continuous service relationship with the Issuer through each applicable vesting date."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did SILICOM LTD. (SILC) CFO Gilad Eran report in this Form 4?
CFO Gilad Eran indirectly exercised options for 5,000 ordinary shares at 16.42 per share and sold 7,000 ordinary shares at 46.56 and 44.44 per share, all through a trustee under Silicom’s equity incentive plan.
What stock options did SILICOM LTD. (SILC) CFO exercise in this filing?
On 2026-08-06, Gilad Eran exercised 5,000 share options, converting them into 5,000 ordinary shares at an exercise price of 16.42 per share. These options were part of a grant that vests in two equal tranches, subject to his continuous service.
What equity incentives does SILICOM LTD. (SILC) CFO still hold after these transactions?
After the reported trades, Gilad Eran continues to hold indirect awards, including share options over 10,000 ordinary shares at an exercise price of 15.01 per share and 7,333 restricted share units, each RSU representing one future ordinary share upon vesting.
Are the SILICOM LTD. (SILC) CFO’s reported holdings direct or indirect?
All reported positions are indirect holdings described as “By Trustee.” Footnotes state these securities are held by a trustee under Silicom’s equity incentive plan, meaning the trustee, not the CFO personally, is the registered holder of the shares and awards.