Silicom director settles 2,969 RSUs into shares
Orbach Yeshayhu reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Orbach Yeshayhu reported acquisition or exercise transactions in this Form 4 filing.
SILICOM LTD. director Yeshayhu Orbach reported the vesting of restricted stock units held through a trustee. On the transaction date, 2,969 restricted stock units settled into 2,969 ordinary shares, all held indirectly by a trustee under the company’s equity incentive plan. Following the settlement, Orbach’s indirect holdings include 2,969 ordinary shares and 9,297 restricted stock units, reflecting a routine compensation-related equity grant rather than any open-market trading.
Insider Trade Summary
2,969 shares exercised/converted
Exercise
2 txns
Insider
Orbach Yeshayhu
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,969 | $0.00 | $0.00 |
| Exercise | Ordinary shares | 2,969 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 9,297 contracts (Indirect, By Trustee);
Ordinary shares — 2,969 shares (Indirect, By Trustee)
Footnotes (3)
- F1. Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.
- F2. These restricted stock units vested in full on the transaction date.
- F3. These securities are held by a trustee pursuant to the Issuer's equity incentive plan.
Key Figures
RSUs settled: 2,969 units
Ordinary shares held: 2,969 shares
RSUs remaining: 9,297 units
+2 more
5 metrics
RSUs settled
2,969 units
Restricted stock units settled into ordinary shares on transaction date
Ordinary shares held
2,969 shares
Indirect holdings following settlement, held by trustee
RSUs remaining
9,297 units
Indirect restricted stock unit holdings after transaction
Derivative exercises
1 transaction
Exercise or conversion of derivative security (RSU settlement)
Shares from exercise
2,969 shares
Ordinary shares received upon RSU settlement
Key Terms
Restricted Stock Unit, equity incentive plan, derivative security, trustee
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.
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.
derivative security financial
"transaction_action: derivative exercise/conversion; 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.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SILICOM LTD. (SILC) director Yeshayhu Orbach report?
Director Yeshayhu Orbach reported the settlement of 2,969 restricted stock units into 2,969 ordinary shares. The event reflects equity compensation vesting rather than an open-market trade, with all securities held indirectly by a trustee under the company’s equity incentive plan.
How many restricted stock units in SILICOM LTD. (SILC) does Orbach hold after the transaction?
Following the reported transaction, Orbach indirectly holds 9,297 restricted stock units. Each restricted stock unit represents the right to receive one ordinary share at settlement, providing additional potential equity exposure under SILICOM LTD.’s equity incentive compensation framework.
Was the SILICOM LTD. (SILC) Form 4 a market buy or sell by Yeshayhu Orbach?
The Form 4 does not show any market buy or sell. It records the exercise and settlement of 2,969 restricted stock units into ordinary shares, a compensation-related event rather than an open-market transaction involving purchases or sales on an exchange.
How are Yeshayhu Orbach’s SILICOM LTD. (SILC) holdings structured after this Form 4?
All reported holdings are indirect, held by a trustee. After settlement, Orbach’s position consists of 2,969 ordinary shares and 9,297 restricted stock units, maintained pursuant to SILICOM LTD.’s equity incentive plan rather than in a personal brokerage account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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