Silicom (SILC) EVP Karp gets 2,000 shares as RSUs fully vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SILICOM LTD. executive Yuval Karp, EVP Project Management, reported an exercise of equity awards that delivered ordinary shares held indirectly through a trustee. On June 14, 2026, 2,000 restricted stock units settled into 2,000 ordinary shares, all recorded as indirect ownership by a trustee.
The RSUs vested in full on the transaction date and are held by a trustee under the company’s equity incentive plan. Following the settlement, indirect holdings show 2,000 ordinary shares and 7,333 restricted stock units, reflecting routine compensation-related equity activity rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,000 shares exercised/converted
Mixed
2 txns
Insider
Karp Yuval
Role
EVP Project Management
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,000 | $0.00 | -- |
| Exercise | Ordinary shares | 2,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 7,333 shares (Indirect, By Trustee);
Ordinary shares — 2,000 shares (Indirect, By Trustee)
Footnotes (1)
- Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement. These restricted stock units vested in full on the transaction date. These securities are held by a trustee pursuant to the Issuer's equity incentive plan.
Key Figures
RSUs settled: 2,000 units
Ordinary shares received: 2,000 shares
RSUs held after transaction: 7,333 units
+1 more
4 metrics
RSUs settled
2,000 units
Restricted stock units settled into ordinary shares on June 14, 2026
Ordinary shares received
2,000 shares
Indirect ownership by trustee after RSU settlement
RSUs held after transaction
7,333 units
Indirect holdings by trustee following June 14, 2026 transaction
Derivative exercises
1 transaction / 2,000 shares
Exercise or conversion of derivative security (code M) in Form 4
Key Terms
Restricted Stock Unit, equity incentive plan, Exercise or conversion of derivative security, By Trustee
4 terms
Restricted Stock Unit financial
"Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
By Trustee financial
"nature_of_ownership: By Trustee"
FAQ
What insider transaction did SILICOM LTD. (SILC) report for Yuval Karp?
SILICOM LTD. reported that EVP Project Management Yuval Karp had 2,000 restricted stock units settle into 2,000 ordinary shares. The transaction reflects equity compensation vesting, not an open-market purchase or sale, and is recorded as indirect ownership held by a trustee.
Are Yuval Karp’s SILICOM (SILC) holdings direct or indirect after this transaction?
All reported holdings are indirect, listed as “By Trustee” on the Form 4. After the June 14, 2026 transaction, records show 2,000 ordinary shares and 7,333 restricted stock units held by a trustee pursuant to SILICOM’s equity incentive plan.
Was the SILICOM (SILC) Form 4 transaction an open-market buy or sell?
No, the Form 4 reflects an exercise and settlement of restricted stock units, not an open-market trade. The transaction code “M” indicates conversion of derivative securities, with RSUs vesting and settling into ordinary shares as part of compensation.
What do the vested restricted stock units mean for SILICOM (SILC) executive compensation?
The vested restricted stock units show part of the executive’s compensation being delivered in equity. On June 14, 2026, 2,000 RSUs vested in full and settled into ordinary shares, aligning compensation with SILICOM’s share performance through stock-based awards.