Silvaco Group (SVCO) director Illiya Pesic receives 17,564-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pesic Illiya I. reported acquisition or exercise transactions in this Form 4 filing.
Silvaco Group, Inc. director and ten percent owner Illiya I. Pesic reported an award of 17,564 shares of Common Stock, received as a grant at a price of $0.00 per share. Following this award, his direct holdings increased to 5,399,719 Common Stock shares.
The grant consists of restricted stock units that will fully vest on the earlier of the one-year anniversary of the grant date or Silvaco Group’s 2027 annual meeting of stockholders, tying the compensation to continued service through that time frame.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pesic Illiya I.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,564 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,399,719 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 17,564 shares
Grant price: $0.00 per share
Shares after transaction: 5,399,719 shares
+1 more
4 metrics
Shares granted
17,564 shares
Common Stock grant on 2026-04-22
Grant price
$0.00 per share
Compensation-related award, not market purchase
Shares after transaction
5,399,719 shares
Total Common Stock directly held after award
Vesting trigger
Earlier of 1-year or 2027 meeting
RSUs vest by 2027 annual meeting of stockholders
Key Terms
restricted stock units, ten percent owner, Form 4, annual meeting of stockholders
4 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.
ten percent owner financial
"reportingPersons ... is_ten_percent_owner": 1"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
annual meeting of stockholders financial
"or the Issuer's 2027 annual meeting of stockholders."
FAQ
What insider transaction did Illiya I. Pesic report for Silvaco Group (SVCO)?
Illiya I. Pesic reported receiving 17,564 shares of Silvaco Group Common Stock as a grant at $0.00 per share. The transaction is classified as an acquisition via grant or award, rather than an open-market purchase or sale, and increases his direct share ownership.
What are the vesting terms of the restricted stock units granted to Illiya I. Pesic at Silvaco Group (SVCO)?
The restricted stock units granted to Illiya I. Pesic will fully vest on the earlier of the one-year anniversary of the grant date or Silvaco Group’s 2027 annual meeting of stockholders. This vesting schedule links the award to his continued service with the company.
What does transaction code "A" mean in the Silvaco Group (SVCO) Form 4 for Illiya I. Pesic?
Transaction code "A" on this Form 4 indicates a grant, award, or other acquisition of securities. For Illiya I. Pesic, it reflects the receipt of 17,564 restricted stock units of Silvaco Group Common Stock as part of his compensation, not a cash purchase.