Silicom (SILC) CEO trims indirect stake with 8,900-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silicom Ltd. President and CEO Liron Eizenman reported an open-market sale of 8,900 ordinary shares. The shares were sold at a weighted average price of $45.23 per share, in multiple trades between $45.20 and $45.50. After this transaction, 15,500 shares are held indirectly through a trustee under the company’s equity incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,900 shares ($402,547)
Net Sell
1 txn
Insider
Eizenman Liron
Role
President and CEO
Sold
8,900 shs ($403K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares | 8,900 | $45.23 | $403K |
Holdings After Transaction:
Ordinary shares — 15,500 shares (Indirect, By Trustee)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.20 to $45.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. These securities are held by a trustee pursuant to the Issuer's equity incentive plan.
Key Figures
Shares sold: 8,900 shares
Weighted average sale price: $45.23 per share
Sale price range: $45.20–$45.50 per share
+1 more
4 metrics
Shares sold
8,900 shares
Open-market sale of ordinary shares
Weighted average sale price
$45.23 per share
Average price for 8,900 shares sold
Sale price range
$45.20–$45.50 per share
Range of individual trade prices on transaction date
Shares held after transaction
15,500 shares
Indirectly owned via trustee after sale
Key Terms
open-market sale, weighted average price, equity incentive plan, indirect ownership
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: By Trustee"
FAQ
What insider transaction did Silicom (SILC) report for CEO Liron Eizenman?
Silicom reported that CEO Liron Eizenman executed an open-market sale of 8,900 ordinary shares. The transaction involved indirect holdings managed by a trustee under the company’s equity incentive plan and was disclosed as a routine Form 4 insider trading report.
Was the Silicom (SILC) CEO transaction classified as an open-market sale?
Yes. The transaction is coded as an open-market sale of non-derivative ordinary shares. The filing’s description specifies it as a sale in the open market or a private transaction, with a detailed weighted average price and stated trading range for the executed orders.