Silvaco (SVCO) CEO Disposes 9,155 Shares via Tax Withholding; Holds 773,157 Shares
Rhea-AI Filing Summary
Form 4 summary: Taheri Babak A., listed as Chief Executive Officer and Director of Silvaco Group, Inc. (SVCO), reported a change in beneficial ownership on 08/13/2025. The filing shows a disposition of 9,155 shares of common stock at a price of $4.65 per share under transaction code F. The filing explains these shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units. After the transaction, the reporting person beneficially owned 773,157 shares on a direct basis. The form was signed by Candace Jackson as attorney-in-fact on 08/14/2025.
Positive
- Substantial continuing ownership retained: 773,157 shares remain beneficially owned directly
- Transaction clearly disclosed as tax-withholding for RSU vesting, indicating administrative, not market-driven, disposition
- Form executed by attorney-in-fact and dated, demonstrating procedural compliance with reporting rules
Negative
- 9,155-share disposition reduced the reporting person’s stake, though identified as tax withholding
- Sale price of $4.65 indicates shares disposed at that level, which may be below recent trading prices (document does not provide market context)
Insights
TL;DR: Routine tax-withholding disposition; small share reduction relative to total holdings, limited market impact.
The Form 4 reports a code F disposition of 9,155 shares at $4.65, identified as shares withheld to cover tax obligations from RSU vesting. This is a non-sales, administrative action rather than an open-market sale, and the reporting person continues to hold a substantial direct position of 773,157 shares. For investors, such withholding is typically routine and does not signal a change in conviction from management. The transaction size is small relative to the remaining position and therefore unlikely to be material to valuation or trading volume.
TL;DR: Disclosure reflects standard insider reporting and compliance with Section 16; no governance concerns evident.
The filing identifies Taheri Babak A. as both CEO and a director and discloses the mechanics of the share reduction as tax withholding for vested RSUs. The transaction is properly reported on Form 4 with signature by an attorney-in-fact, indicating procedural compliance. There is no indication of unusual timing, related-party transfers, or derivative activity. From a governance perspective, this disclosure meets routine transparency expectations for insider equity events.