Silicom (SILC) VP R&D David Hendel Receives 2,000 Shares

What Happened

• David Hendel, Vice President of R&D at Silicom Ltd. (SILC), had restricted stock units (RSUs) settle on 2026-06-14. The Form 4 shows 2,000 ordinary shares acquired on settlement and a related entry showing 2,000 shares disposed at $0.00 (derivative transaction code M).
• No cash proceeds are reported for the disposed shares (proceeds = $0). The filing does not report a dollar value for the acquired shares.

Key Details

• Transaction date: 2026-06-14; Form 4 filed: 2026-06-16 (appears timely).
• Acquired: 2,000 ordinary shares via RSU settlement (derivative/conversion).
• Disposed: 2,000 shares at $0.00 (derivative entry).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1–Each RSU represents one ordinary share and this transaction reflects settlement. F2–The RSUs vested in full on the transaction date. F3–These securities are held by a trustee under the issuer’s equity incentive plan.

Context

• This was an RSU settlement (conversion of awards into shares), not an open-market buy or sale. The filing shows a zero-dollar disposition entry commonly associated with plan transfers or withholding, and the footnotes indicate shares are held by a trustee under the company’s equity plan. The filing is informational about award settlement rather than a cash purchase or sale.