SILICOM LTD.·4

Jun 16, 9:40 AM ET

Castiel David 4

4 · SILICOM LTD. · Filed Jun 16, 2026

Research Summary

AI-generated summary of this filing

Updated

Silicom (SILC) VP Castiel David Receives RSU Settlement

What Happened

  • Castiel David, VP Engineering at Silicom Ltd. (SILC), had restricted stock units (RSUs) vest and settle on 2026-06-14. The filing shows 2,000 shares acquired on settlement and a matching 2,000 shares disposed at $0.00. No cash proceeds were reported.
  • This was not an open-market buy or sale of shares for cash but the settlement of equity awards under the company plan. Disposition at $0.00 commonly reflects shares withheld or transferred to satisfy tax or plan obligations rather than a sale for cash.

Key Details

  • Transaction date: 2026-06-14 (reported in Form 4 filed 2026-06-16).
  • Reported transactions: 2,000 shares acquired via RSU settlement; 2,000 shares disposed at $0.00.
  • Price: N/A for the acquired shares; $0.00 for the disposed shares (no cash proceeds).
  • Footnotes: F1–F3 note these were RSUs (each converts to one ordinary share), they vested in full on the transaction date, and the securities are held by a trustee under the issuer’s equity incentive plan.
  • Shares owned after the transaction: Not specified in the provided filing.
  • Timeliness: Filed within two business days of the transaction date (appears timely).

Context

  • RSU settlements are routine compensation events; the acquisition reflects receipt of vested shares and the $0.00 disposition typically indicates shares withheld/transferred under the plan for taxes or administrative purposes (not an open-market sale).
  • This transaction is informational about compensation and does not necessarily signal buying or selling intent in the market.

Insider Transaction Report

Form 4
Period: 2026-06-14
Castiel David
VP Engineering
Transactions
  • Exercise/Conversion

    Ordinary shares

    [F1][F3]
    2026-06-14+2,0002,000 total(indirect: By Trust)
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F2][F3]
    2026-06-142,0008,000 total(indirect: By Trust)
    Ordinary shares (2,000 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.
  • [F2]These restricted stock units vested in full on the transaction date.
  • [F3]These securities are held by a trustee pursuant to the Issuer's equity incentive plan.
Signature
/s/ Castiel David|2026-06-16

Documents

1 file
  • 4
    zk2635561.xmlPrimary

    FORM 4