[Form 4] Silvaco Group, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Silvaco Group, Inc. investor Yelena I. Pesic, identified as a member of a 10% owner group, reported an open-market sale of 300,000 shares of common stock at $1.99 per share. After this transaction, she directly holds 3,603,073 shares.
According to the notes, the event was initially viewed as a non-reportable pledge under a non-recourse stock loan, with loan proceeds limited to about 45% of the market value of the transferred shares. The nature of the transaction is currently the subject of a dispute in an arbitral proceeding.
Positive
- None.
Negative
- None.
Insights
Large shareholder reports a 300,000-share sale but retains a sizable position.
Yelena I. Pesic, part of a 10% owner group in Silvaco Group, reported selling 300,000 common shares at $1.99 each. Post-transaction, she directly holds 3,603,073 shares, indicating this is a partial reduction rather than an exit.
Footnotes explain the transaction stems from an arrangement described as a non-recourse stock loan, with proceeds capped at about 45% of the shares’ market value under that arrangement. The nature of the transaction is under dispute in an arbitral proceeding, which adds uncertainty around characterization but does not change the reported share counts.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 300,000 | $1.99 | $597K |
Footnotes (1)
- The transaction reported in this Form 4 has been reported after the reporting deadline because the Reporting Person initially believed the transaction constituted a non-reportable pledge of Issuer securities. The Reporting Person has subsequently determined to report the transaction based on the terms of the arrangement. The nature of the transaction is currently the subject of a dispute in an arbitral proceeding. The reported price reflects the implied per-share value of shares transferred pursuant to an arrangement described as a non-recourse stock loan, in which the shares were transferred to the counterparty and the loan proceeds were limited to approximately 45% of the market value of the transferred shares, as determined under the terms of the arrangement, rather than a negotiated sale price.