Silvaco Group (SVCO) director awarded stock instead of cash fee
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ngai Anthony K.K. reported acquisition or exercise transactions in this Form 4 filing.
Silvaco Group, Inc. director Ngai Anthony K.K. received a grant of 1,376 shares of common stock. The award replaced the non-employee director’s quarterly cash retainer for the first quarter of fiscal 2026 with stock having a fair market value equal to that retainer. Following this compensation grant, the director directly holds 113,976 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ngai Anthony K.K.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,376 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 113,976 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,376 shares
Price per share: $0.00 per share
Shares held after: 113,976 shares
+1 more
4 metrics
Shares granted
1,376 shares
Common stock award replacing Q1 fiscal 2026 cash retainer
Price per share
$0.00 per share
Reported grant price for compensation award
Shares held after
113,976 shares
Director’s direct common stock holdings following the grant
Transaction type
Grant, award, or other acquisition
Form 4 transaction code A for non-derivative common stock
Key Terms
non-employee director compensation plan, quarterly cash retainer, fair market value, Grant, award, or other acquisition
4 terms
non-employee director compensation plan financial
"pursuant to an amendment to the Issuer's non-employee director compensation plan providing for the replacement"
quarterly cash retainer financial
"replacement of the quarterly cash retainer earned in the first quarter of fiscal 2026"
fair market value financial
"with an award of Issuer common stock with a fair market value equal to such quarterly cash retainer"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did Silvaco Group (SVCO) report in this Form 4?
Silvaco Group reported that director Ngai Anthony K.K. received 1,376 shares of common stock. The shares were granted as part of non-employee director compensation, replacing a quarterly cash retainer for the first quarter of fiscal 2026.
Was the Silvaco Group (SVCO) Form 4 transaction an open-market buy or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The Form 4 uses code “A” for a grant, and the footnote states the shares replace the quarterly cash retainer under the non-employee director compensation plan.
Why did Silvaco Group (SVCO) grant stock to the director instead of paying cash?
Silvaco Group amended its non-employee director compensation plan so the first-quarter 2026 cash retainer is paid in common stock. The granted shares’ fair market value equaled the quarterly cash retainer that would otherwise have been paid.