Silvaco (SVCO) CEO receives 154,745 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RHINES WALDEN C reported acquisition or exercise transactions in this Form 4 filing.
Silvaco Group, Inc. reported that Chief Executive Officer Walden C. Rhines received a grant of 154,745 Restricted Stock Units (RSUs) on May 22, 2026 under his employment agreement. Each RSU represents one share of common stock and was granted at no cash purchase price.
The RSUs are scheduled to vest on March 31, 2027, with vesting accelerating if his employment is terminated by the company for any reason or if he resigns after an uncured material breach of the agreement by the company before that date. Following this grant, Rhines directly holds 288,833 shares of Silvaco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RHINES WALDEN C
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 154,745 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 288,833 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 154,745 RSUs
Grant price per share: $0.0000 per share
Shares held after transaction: 288,833 shares
+1 more
4 metrics
RSUs granted
154,745 RSUs
Grant on May 22, 2026 to CEO Walden C. Rhines
Grant price per share
$0.0000 per share
Reported transaction price for RSU award
Shares held after transaction
288,833 shares
Direct common stock holdings following RSU grant
RSU vesting date
March 31, 2027
Scheduled vesting date for 154,745 RSUs
Key Terms
Restricted Stock Units, Employment Agreement, vest, material breach
4 terms
Restricted Stock Units financial
"Represents Restricted Stock Units ("RSUs") granted to the Reporting Person pursuant to that certain Employment Agreement"
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.
Employment Agreement financial
"RSUs granted to the Reporting Person pursuant to that certain Employment Agreement, effective as of August 19, 2025"
vest financial
"The RSUs were granted on May 22, 2026, and will vest on March 31, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
material breach financial
"the Reporting Person terminates his employment following a material breach of the Agreement by the Issuer"
FAQ
What insider transaction did Silvaco (SVCO) report for its CEO?
Silvaco reported that CEO Walden C. Rhines received 154,745 Restricted Stock Units (RSUs) as a share-based compensation grant. The award involves no cash purchase and increases his direct holdings to 288,833 common shares following the transaction.
How many RSUs were granted to the Silvaco (SVCO) CEO and at what price?
The CEO received a grant of 154,745 Restricted Stock Units (RSUs) with a reported price per unit of $0.0000. This indicates a compensation award rather than an open-market purchase, with each RSU representing a contingent right to one common share.
When do the CEO’s RSUs at Silvaco (SVCO) vest and under what conditions?
The 154,745 RSUs granted to Silvaco’s CEO are scheduled to vest on March 31, 2027. Vesting accelerates if the company terminates his employment for any reason or he resigns after an uncured material breach of his employment agreement by the company.
Is the Silvaco (SVCO) CEO’s Form 4 transaction an open-market buy or a compensation grant?
The Form 4 shows a compensation-related grant coded as an “A” transaction, not an open-market purchase. The CEO received 154,745 Restricted Stock Units at a stated price of $0.0000 per share under his employment agreement with Silvaco.