STOCK TITAN

Silicom (SILC) VP R&D linked trustee sells 1,000 ordinary shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Silicom Ltd. VP R&D David Hendel reported two open-market sales of the company’s ordinary shares held by a trustee under the equity incentive plan. On May 13, 2026, the trustee sold 1,000 shares in total at prices of $44.24 and $44.50 per share, leaving 1,500 shares held indirectly after the transactions.

Positive

  • None.

Negative

  • None.
Insider Hendel David
Role VP R&D
Sold 1,000 shs ($44K)
Type Security Shares Price Value
Sale Ordinary shares 500 $44.50 $22K
Sale Ordinary shares 500 $44.24 $22K
Holdings After Transaction: Ordinary shares — 1,500 shares (Indirect, By Trustee)
Footnotes (1)
  1. [object Object]
Shares sold (trade 1) 500 shares at $44.24 Open-market sale of ordinary shares on May 13, 2026
Shares sold (trade 2) 500 shares at $44.50 Open-market sale of ordinary shares on May 13, 2026
Total shares sold 1,000 shares Aggregate of two open-market sales reported
Shares held after 1,500 shares Indirect holdings by trustee following the transactions
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.
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I""
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.
Ordinary shares financial
"security_title: "Ordinary shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
SEC Form 4
FORM 4UNITED 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 SAVA4464323

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP R&D
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary shares05/13/2026S500D$44.51,500IBy Trustee(1)
Ordinary shares05/13/2026S500D$44.241,000IBy Trustee(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These securities are held by a trustee pursuant to the Issuer's equity incentive plan.
/s/ Hendel David05/14/2026
** Signature of Reporting PersonDate
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 transactions did SILICOM LTD. (SILC) report for David Hendel?

SILICOM LTD. reported that VP R&D David Hendel had 1,000 ordinary shares sold on May 13, 2026. The sales were executed in two open-market transactions at prices of $44.24 and $44.50 per share, through shares held by a trustee.

At what prices were the SILICOM LTD. (SILC) shares sold in this Form 4?

The reported sales of SILICOM LTD. ordinary shares occurred at $44.24 and $44.50 per share. Each price applied to a 500-share open-market sale executed on May 13, 2026, for shares held indirectly via a trustee under the equity incentive plan.

How many SILICOM LTD. (SILC) shares did David Hendel sell and how many remain?

The filing shows 1,000 ordinary shares sold in total, split into two 500-share trades. After these open-market sales, 1,500 ordinary shares remain held indirectly for David Hendel by a trustee pursuant to the company’s equity incentive plan.

What type of ownership is reported for David Hendel’s SILICOM LTD. (SILC) shares?

The filing describes Hendel’s position as indirect ownership, with shares held "By Trustee." A footnote clarifies these securities are held by a trustee under SILICOM LTD.’s equity incentive plan, indicating they are plan-related rather than directly registered in his own name.

What is the role of David Hendel at SILICOM LTD. (SILC) in this insider filing?

David Hendel is identified as an officer of SILICOM LTD., specifically serving as VP R&D. The Form 4 focuses on ordinary shares associated with him that are held by a trustee under the company’s equity incentive plan and sold in open-market transactions.