Silvaco Group (SVCO) director Illiya Pesic receives 953-share award in lieu of cash retainer
Rhea-AI Filing Summary
Pesic Illiya I. reported acquisition or exercise transactions in this Form 4 filing.
Silvaco Group, Inc. director and 10% owner Illiya I. Pesic received a grant of 953 shares of common stock on May 12, 2026. The award was issued at a stated price of $0.00 per share as equity compensation.
According to a plan amendment, this stock grant replaces the quarterly cash retainer earned for the first quarter of fiscal 2026, using shares with a fair market value equal to that retainer. After this grant, Pesic directly holds 5,400,672 shares of Silvaco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 953 shares
Net Buy
1 txn
Insider
Pesic Illiya I.
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 953 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,400,672 shares (Direct)
Footnotes (1)
- F1. The shares of Issuer common stock were awarded to the Reporting Person pursuant to an amendment to the Issuer's non-employee director compensation plan providing for the replacement of the quarterly cash retainer earned in the first quarter of fiscal 2026 with an award of Issuer common stock with a fair market value equal to such quarterly cash retainer.
Key Figures
Shares granted: 953 shares
Transaction price per share: $0.00 per share
Shares owned after transaction: 5,400,672 shares
+1 more
4 metrics
Shares granted
953 shares
Common stock award on May 12, 2026
Transaction price per share
$0.00 per share
Equity compensation, no cash paid by recipient
Shares owned after transaction
5,400,672 shares
Direct holdings following the grant
Transaction type
Grant, award, or other acquisition
Form 4 code A, 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 of the quarterly cash retainer"
quarterly cash retainer financial
"replacement of the quarterly cash retainer earned in the first quarter of fiscal 2026"
fair market value financial
"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""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Silvaco Group (SVCO) report for Illiya I. Pesic?
Silvaco Group reported that director and 10% owner Illiya I. Pesic received a grant of 953 common shares. The shares were issued as compensation, replacing a quarterly cash retainer for the first quarter of fiscal 2026 under the company’s non-employee director plan.
Was the Silvaco (SVCO) Form 4 transaction a stock purchase or a compensation award?
The Form 4 transaction is a compensation-related award, not an open-market stock purchase. Pesic received 953 shares of common stock under an amended non-employee director compensation plan, replacing the first-quarter 2026 cash retainer with stock of equivalent fair market value.