Silicom (SILC) director sells 2,969 shares, keeps RSUs
Rhea-AI Filing Summary
SILICOM LTD. (SILC) director Orbach Yeshayhu reported an indirect sale of 2,969 ordinary shares on 2026-08-24 at $45.00 per share in an open-market or private transaction, held by a trustee under the company’s equity incentive plan. Following this sale, the reporting person shows 0 ordinary shares held indirectly, but continues to hold multiple blocks of Restricted Share Units (RSUs), each representing the right to receive one ordinary share upon vesting and having no expiration date. The Form 4 notes that the filing was submitted late due to an administrative oversight.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,969 shares
Net Sell
5 txns
Insider
Orbach Yeshayhu
Role
Director
Sold
2,969 shs ($134K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares F1 | 2,969 | $45.00 | $134K |
| holding | Restricted Share Units F2, F3, F1 | -- | -- | -- |
| holding | Restricted Share Units F2, F3, F1 | -- | -- | -- |
| holding | Restricted Share Units F2, F3, F1 | -- | -- | -- |
| holding | Restricted Share Units F2, F3, F1 | -- | -- | -- |
Holdings After Transaction:
Ordinary shares — 0 shares (Indirect, By Trustee);
Restricted Share Units — 9,297 shares (Indirect, By Trustee)
Footnotes (3)
- F1. These securities are held by a trustee pursuant to the Issuer's equity incentive plan.
- F2. Each restricted share unit (RSU) represents the right to receive, following vesting, one share of the Issue.
- F3. The restricted stock units have no expiration date.
Key Figures
Shares sold: 2,969 ordinary shares
Sale price per share: $45.00 per share
Ordinary shares held after transaction: 0 ordinary shares
+4 more
7 metrics
Shares sold
2,969 ordinary shares
Indirect sale on 2026-08-24 by trustee under equity incentive plan
Sale price per share
$45.00 per share
Price for 2,969 ordinary shares sold on 2026-08-24
Ordinary shares held after transaction
0 ordinary shares
Indirect holdings following the reported sale
RSU underlying shares block 1
5,642 underlying ordinary shares
Restricted Share Units held indirectly; vesting date 2027-03-17
RSU underlying shares block 2
1,219 underlying ordinary shares
Restricted Share Units held indirectly; vesting date 2027-01-29
RSU underlying shares block 3
1,218 underlying ordinary shares
Restricted Share Units held indirectly; vesting date 2028-01-29
RSU underlying shares block 4
1,218 underlying ordinary shares
Restricted Share Units held indirectly; vesting date 2029-01-29
Key Terms
Restricted Share Units, equity incentive plan, Ordinary shares, trustee
4 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.
trustee financial
"These securities are held by a trustee pursuant to the Issuer's equity incentive plan"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did SILC director Orbach Yeshayhu report on this Form 4?
The reporting person disclosed an indirect sale of 2,969 ordinary shares of SILICOM LTD. on 2026-08-24 at $45.00 per share, categorized as a sale in an open-market or private transaction.
When do the reported SILC RSUs held by Orbach Yeshayhu vest or become exercisable?
The RSU holdings reference future exercise or vesting dates of 2027-03-17, 2027-01-29, 2028-01-29, and 2029-01-29, with each RSU providing the right to receive one SILICOM LTD. ordinary share after vesting.
Why was this SILC Form 4 filing submitted late?
The remarks section explains that the Form 4 was filed late due to an administrative oversight, indicating the delay was not attributed to a change in the underlying transaction details.
AI-generated analysis. How Rhea-AI works. Not financial advice.
