Silvaco Group (SVCO) officer share sale covers RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silvaco Group, Inc. officer Candace Jackson reported an open-market sale of 1,817 shares of common stock at a weighted average price of $7.12 per share. According to the disclosure, these shares were sold solely to cover tax withholding obligations tied to vesting restricted stock units and the sale was not at her discretion.
The shares were sold in multiple trades at prices ranging from $7.02 to $7.1724. After these transactions, Jackson directly holds 53,349 shares of Silvaco Group common stock, indicating this was a relatively small, tax-driven adjustment to her equity position rather than a discretionary reduction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,817 shares ($12,937)
Net Sell
1 txn
Insider
Jackson Candace
Role
See Remarks
Sold
1,817 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,817 | $7.12 | $13K |
Holdings After Transaction:
Common Stock — 53,349 shares (Direct)
Footnotes (1)
- Represents shares of common stock sold to satisfy certain tax withholding obligations associated with the vesting of restricted stock units. The sale was not at the discretion of the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.02 to $7.1724, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Shares sold: 1,817 shares
Weighted average sale price: $7.12 per share
Post-transaction holdings: 53,349 shares
+1 more
4 metrics
Shares sold
1,817 shares
Open-market sale to satisfy tax withholding
Weighted average sale price
$7.12 per share
Common stock sale on 2026-04-01
Post-transaction holdings
53,349 shares
Common stock directly owned after sale
Sale price range
$7.02–$7.1724 per share
Multiple transactions within this range
Key Terms
restricted stock units, tax withholding obligations, weighted average price
3 terms
restricted stock units financial
"associated with the vesting of restricted stock units"
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.
tax withholding obligations financial
"sold to satisfy certain tax withholding obligations"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did Candace Jackson report for Silvaco Group (SVCO)?
Candace Jackson reported selling 1,817 shares of Silvaco Group common stock. The filing explains the sale covered tax withholding obligations arising from vesting restricted stock units, rather than a discretionary decision to reduce her investment position in the company.
Was Candace Jackson’s Silvaco Group (SVCO) transaction a routine tax withholding sale?
Yes. The Form 4 notes the 1,817 shares were sold to cover tax withholding obligations on vesting restricted stock units and that the sale was not at her discretion. Such transactions are typically viewed as routine, compensation-related events rather than market-timing trades.