Silicom (NASDAQ: SILC) EVP Daniel Cohen reports small open-market share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SILICOM LTD. executive Daniel Cohen, EVP Operation, reported an open-market sale of 15 ordinary shares at $52.00 per share on May 14, 2026. The shares are held indirectly by a trustee under the company’s equity incentive plan, leaving 1,985 ordinary shares held indirectly after the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15 shares ($780)
Net Sell
1 txn
Insider
COHEN DANIEL (DC)
Role
EVP Operation
Sold
15 shs ($780.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares | 15 | $52.00 | $780.00 |
Holdings After Transaction:
Ordinary shares — 1,985 shares (Indirect, By Trustee)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15 ordinary shares
Sale price: $52.00 per share
Shares held after transaction: 1,985 ordinary shares
+1 more
4 metrics
Shares sold
15 ordinary shares
Open-market sale on May 14, 2026
Sale price
$52.00 per share
Price for the 15 ordinary shares sold
Shares held after transaction
1,985 ordinary shares
Indirect holdings following the sale
Transaction code
S
Sale in open market or private transaction
Key Terms
open-market sale, Ordinary shares, 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.
equity incentive plan financial
"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" and nature_of_ownership: "By Trustee""
FAQ
What insider transaction did SILICOM LTD. (SILC) report for Daniel Cohen?
SILICOM LTD. reported that executive Daniel Cohen completed an open-market sale of 15 ordinary shares at $52.00 per share. The transaction involves indirectly held shares administered by a trustee under the company’s equity incentive plan, as disclosed in the Form 4 filing.
Is the SILC insider transaction direct or indirect ownership for Daniel Cohen?
The Form 4 indicates indirect ownership for Daniel Cohen, with the code "I" and nature of ownership listed as "By Trustee." The shares are held by a trustee pursuant to SILICOM LTD.’s equity incentive plan rather than directly in his personal name.
What type of transaction did SILICOM LTD. (SILC) disclose in this Form 4?
The company disclosed a non-derivative open-market sale of ordinary shares, coded "S" for sale. The filing describes it as a "Sale in open market or private transaction," involving 15 indirectly held ordinary shares of SILICOM LTD. at $52.00 per share.