Silicom (SILC) EVP Daniel Cohen settles 2,000 RSUs into ordinary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COHEN DANIEL (DC) reported acquisition or exercise transactions in this Form 4 filing.
SILICOM LTD. executive Daniel Cohen reported routine equity compensation activity involving restricted stock units. On June 14, 2026, 2,000 RSUs vested and settled into 2,000 ordinary shares held indirectly by a trustee under the company’s equity incentive plan. Following this settlement, Cohen indirectly holds 3,985 ordinary shares and 7,333 RSUs through the trustee. These transactions reflect compensation vesting and derivative settlement rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,000 shares exercised/converted
Mixed
2 txns
Insider
COHEN DANIEL (DC)
Role
EVP Operation
| 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 — 7,333 shares (Indirect, By Trustee);
Ordinary shares — 3,985 shares (Indirect, By Trustee)
Footnotes (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 after transaction: 3,985 shares
RSUs remaining: 7,333 units
+1 more
4 metrics
RSUs settled
2,000 units
Restricted stock units converted to ordinary shares on June 14, 2026
Ordinary shares after transaction
3,985 shares
Indirect holdings by trustee following RSU settlement
RSUs remaining
7,333 units
Indirect RSU holdings after 2,000-unit settlement
Transaction price per share
$0.00 per share
Equity award settlement, not open-market purchase or sale
Key Terms
Restricted Stock Unit, equity incentive plan, Exercise or conversion of derivative security, Ordinary shares
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" with 2,000.0000 transaction_shares"
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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
FAQ
What insider transaction did SILICOM (SILC) report for Daniel Cohen?
Daniel Cohen reported settlement of 2,000 restricted stock units into 2,000 ordinary shares on June 14, 2026. The event reflects equity compensation vesting rather than an open-market purchase or sale of SILICOM shares.
How many SILICOM restricted stock units does Daniel Cohen still have after vesting?
Following the vesting and settlement of 2,000 RSUs, Daniel Cohen continues to hold 7,333 restricted stock units indirectly via a trustee. These remaining RSUs represent potential future ordinary shares as they vest and are settled over time.