Silvaco officer sells shares for tax withholding
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,817 | $7.12 | $13K |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock units financial
tax withholding obligations financial
weighted average price financial
FAQ
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What insider transaction did Candace Jackson report for Silvaco Group (SVCO)?
Was Candace Jackson’s Silvaco Group (SVCO) transaction a routine tax withholding sale?
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