Silvaco (SVCO) CEO Walden Rhines receives 28,170-share RSU award
Rhea-AI Filing Summary
RHINES WALDEN C reported acquisition or exercise transactions in this Form 4 filing.
Silvaco Group, Inc. director and Chief Executive Officer Walden C. Rhines received an equity grant in the form of 28,170 shares of common stock on February 21, 2026 at a stated price of $0.00 per share, increasing his directly held common stock to 134,088 shares after the award.
According to the accompanying disclosure, the grant represents restricted stock units (RSUs) issued under an employment agreement effective August 19, 2025, with each RSU convertible into one share of common stock. These RSUs are scheduled to vest on March 31, 2027, with vesting accelerating if Silvaco terminates his employment for any reason or if he resigns after an uncured material breach of the agreement by the company before that vesting date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,170 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents Restricted Stock Units ("RSUs") granted to the Reporting Person pursuant to that certain Employment Agreement, effective as of August 19, 2025 (the "Agreement"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs were granted on February 21, 2026, and will vest on March 31, 2027, provided that the vesting of the RSUs shall be accelerated in the event the Issuer terminates the Reporting Person's employment for any reason or the Reporting Person terminates his employment following a material breach of the Agreement by the Issuer which is not cured within 30 days after the Reporting Person provides written notice, in each case, prior to March 31, 2027.
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