Silicom (SILC) VP R&D linked trustee sells 1,000 shares at $49
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SILICOM LTD. vice president of R&D David Hendel reported an indirect open-market sale of 1,000 ordinary shares at $49 per share. The shares were held by a trustee under the company’s equity incentive plan and, following the transaction, no such indirect shares remain reported in his holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($49,000)
Net Sell
1 txn
Insider
Hendel David
Role
VP R&D
Sold
1,000 shs ($49K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares | 1,000 | $49.00 | $49K |
Holdings After Transaction:
Ordinary shares — 0 shares (Indirect, By Trustee)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Sale price: $49 per share
Net shares sold: 1,000 shares
+1 more
4 metrics
Shares sold
1,000 shares
Ordinary shares sold in open-market transaction
Sale price
$49 per share
Price for 1,000 ordinary shares sold
Net shares sold
1,000 shares
transactionSummary netBuySellShares
Shares following transaction
0 shares
Total indirect ordinary shares after sale in this account
Key Terms
open-market sale, equity incentive plan, indirect ownership, Ordinary shares
4 terms
open-market sale financial
"transaction_action: "open-market sale" for the ordinary shares"
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 David Hendel?
SILICOM LTD. reported that VP R&D David Hendel had 1,000 ordinary shares sold in an indirect open-market transaction. These shares were held by a trustee under the company’s equity incentive plan, and the filing shows no remaining indirect shares after the sale.
What type of transaction code appears in this SILICOM LTD. (SILC) Form 4?
The transaction uses code "S," described as a sale in an open market or private transaction. It covers 1,000 ordinary shares at $49 per share, categorized as an indirect holding through a trustee under the company’s equity incentive plan.