Silvia grants former legal chief 258,317 stock units
The award was tied to a separation agreement, while 116,600 shares were withheld to meet tax obligations.
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Rhea-AI Filing Summary
Silvia, Inc. (SVIA) reports that former Chief Legal Officer and Secretary Kyle Irvin Wood received 258,317 fully vested restricted stock units on October 21, 2026, under the ProCap Financial, Inc. 2025 Equity Incentive Plan and a Mutual Separation Agreement and General Release dated October 20, 2026. The reported award is the gross share amount before withholding.
The company withheld 116,600 shares to satisfy tax withholding obligations, using a fair market value of $3.78 per share on the transaction date. Wood separated from the company at close of business on October 21, 2026, ending his Chief Legal Officer, Secretary, and other positions with the company and its subsidiaries.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 F1 | 258,317 | $0.00 | $0.00 |
| Tax Withholding | Common Stock, par value $0.001 F2 | 116,600 | $3.78 | $441K |
Footnotes (2)
- F1. Represents fully vested restricted stock units granted to the reporting person on October 21, 2026 under the ProCap Financial, Inc. 2025 Equity Incentive Plan pursuant to the Mutual Separation Agreement and General Release, dated October 20, 2026, between the reporting person and the Issuer. The amount reported is the gross number of shares, before any shares withheld or sold in connection with tax obligations.
- F2. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the award reported on the preceding line. The price reported is the fair market value per share on the transaction date used to determine the withholding.
Key Figures
Key Terms
restricted stock units financial
Equity Incentive Plan financial
Mutual Separation Agreement and General Release financial
FAQ
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How many SVIA restricted stock units were granted to Kyle Irvin Wood?
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