SILICOM LTD.·4

Jun 16, 9:36 AM ET

Eizenman Avinoam 4

Research Summary

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Silicom (SILC) Director Eizenman Receives 12,500 Shares (RSU Settlement)

What Happened

  • Director Avinoam Eizenman had restricted stock units (RSUs) vest and settle. The Form 4 shows an exercise/conversion (transaction code M) resulting in 12,500 shares acquired (settlement) and a simultaneous disposition of 12,500 shares at $0.00. The disposal at $0.00 reflects a transfer to the issuer's trustee under the equity incentive plan rather than a market sale, so there were no cash proceeds.

Key Details

  • Transaction date: 2026-06-14; Form filed: 2026-06-16 (timely).
  • Acquired: 12,500 ordinary shares (settlement of RSUs); price N/A per line item.
  • Disposed: 12,500 ordinary shares; price reported $0.00; total reported proceeds $0.
  • Footnotes: F1–Each RSU converts to one ordinary share at settlement; F2–the RSUs vested in full on the transaction date; F3–these securities are held by a trustee pursuant to the issuer's equity incentive plan.
  • Shares owned after the transaction: not specified in the provided summary of the filing.

Context

  • This was not an open-market purchase or sale. It reflects RSU vesting and settlement with shares moved to the plan trustee (common for withholding/administrative handling), so it should not be interpreted as a directional buy or sell in the market. Transaction code M indicates conversion/exercise-type activity (here, RSU settlement).