Silvaco Group (SVCO) director awarded 17,564 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tewksbury Ted L III reported acquisition or exercise transactions in this Form 4 filing.
Silvaco Group, Inc. director Ted L. Tewksbury III received a grant of 17,564 shares of Common Stock, reported at a price of $0.00 per share, as a share-based award. Following this grant, he holds 17,564 shares directly. According to the footnote, these restricted stock units will fully vest on the earlier of the one-year anniversary of the April 22, 2026 grant date or the company’s 2027 annual meeting of stockholders, tying the compensation to continued service through that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tewksbury Ted L III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,564 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,564 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Grant size: 17,564 shares
Reported grant price: $0.00 per share
Holdings after transaction: 17,564 shares
3 metrics
Grant size
17,564 shares
Common Stock award to director on April 22, 2026
Reported grant price
$0.00 per share
Equity compensation, not an open-market purchase
Holdings after transaction
17,564 shares
Direct ownership following the grant
Key Terms
restricted stock units, grant, award, or other acquisition, annual meeting of stockholders
3 terms
restricted stock units financial
"The restricted stock units shall fully vest on the earlier of the one-year anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
annual meeting of stockholders financial
"the Issuer's 2027 annual meeting of stockholders"
FAQ
What insider transaction did Silvaco Group (SVCO) report for Ted L. Tewksbury III?
Silvaco Group reported that director Ted L. Tewksbury III received a grant of 17,564 shares of Common Stock as a share-based award. The award was reported at a price of $0.00 per share, reflecting compensation rather than an open-market purchase.
What are the vesting terms for Ted L. Tewksbury III’s new Silvaco Group (SVCO) restricted stock units?
The restricted stock units will fully vest on the earlier of the one-year anniversary of the April 22, 2026 grant date or Silvaco Group’s 2027 annual meeting of stockholders. This structure links the award’s vesting to both time-based service and a key corporate governance event.
Was Ted L. Tewksbury III’s Silvaco Group (SVCO) award an open-market purchase?
No. The Form 4 classifies the transaction with code A, described as a grant, award, or other acquisition. The shares were reported at $0.00 per share, indicating equity compensation rather than an open-market buy or sale transaction in Silvaco Group stock.
Does the Silvaco Group (SVCO) Form 4 show any stock sales by Ted L. Tewksbury III?
The Form 4 data provided shows only a single acquisition transaction coded as a grant of 17,564 shares. There are no reported sell transactions or dispositions in this excerpt, and the net buy-sell share direction is listed as neutral in the transaction summary.