Silicom (SILC) VP settles 2,000 RSUs into ordinary shares

Rhea-AI Filing Summary

Silicom Ltd. VP R&D David Hendel exercised and settled 2,000 restricted stock units, receiving an equal number of ordinary shares. The RSUs vested in full on the transaction date, and the shares are held indirectly by a trustee under Silicom's equity incentive plan. Following the transaction, 2,000 ordinary shares are held indirectly, and 8,000 restricted stock units remain outstanding with the trustee.

Insider Trade Summary

2,000 shares exercised/converted

Mixed 2 txns

Insider Hendel David

Role VP R&D

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 — 8,000 shares (Indirect, By Trustee); Ordinary shares — 2,000 shares (Indirect, By Trustee)

Footnotes (1)

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 Ordinary shares after transaction: 2,000 shares +1 more

4 metrics

RSUs settled 2,000 units Restricted Stock Units converted to ordinary shares on 2026-06-14

Ordinary shares received 2,000 shares Shares delivered upon RSU settlement, held indirectly by trustee

Ordinary shares after transaction 2,000 shares Indirect holdings following RSU settlement

RSUs remaining 8,000 units Restricted Stock Units still held by trustee after settlement

Key Terms

Restricted Stock Unit, derivative security, equity incentive plan, indirect ownership

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.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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

"direct_or_indirect: I, nature_of_ownership: By Trustee"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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. Issuer Name and Ticker or Trading Symbol
SILICOM LTD. [ SILC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP R&D

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary shares	06/14/2026		M		2,000	A	(1)	2,000	I	By Trustee(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	06/14/2026		M			2,000	(2)	(2)	Ordinary shares	2,000	$0.00	8,000	I	By Trustee(3)

Explanation of Responses:

1. Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

2. These restricted stock units vested in full on the transaction date.

3. These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

	/s/ Hendel David	06/16/2026
	** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did Silicom (SILC) report for VP R&D David Hendel?

Silicom reported that VP R&D David Hendel settled 2,000 restricted stock units, receiving 2,000 ordinary shares. The RSUs vested in full on the transaction date and were issued under the company’s equity incentive plan.

How many Silicom (SILC) RSUs did David Hendel settle and what did he receive?

David Hendel settled 2,000 restricted stock units and received 2,000 ordinary shares of Silicom. Each RSU corresponds to one ordinary share delivered at settlement, reflecting compensation rather than an open-market purchase.

How are David Hendel’s Silicom (SILC) shares held after this Form 4 transaction?

After the transaction, 2,000 ordinary shares for David Hendel are held indirectly by a trustee. These holdings are maintained pursuant to Silicom’s equity incentive plan, rather than being held directly in his personal name.

What Silicom (SILC) derivative position remains for David Hendel after the RSU settlement?

Following settlement of 2,000 RSUs into ordinary shares, 8,000 restricted stock units remain credited for David Hendel. These RSUs continue to be held by a trustee under Silicom’s equity incentive plan, representing future potential share deliveries.

Was the Silicom (SILC) insider transaction an open-market buy or a compensation event?

The transaction was a compensation-related RSU settlement, not an open-market buy or sell. David Hendel received 2,000 ordinary shares at a stated price of $0.00 per share when his restricted stock units vested in full on the transaction date.