Castiel David 4
4 · SILICOM LTD. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
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
SILICOM LTD.SILC
Castiel David
VP Engineering
Transactions
- Exercise/Conversion
Ordinary shares
[F1][F3]2026-06-14+2,000→ 2,000 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Unit
[F1][F2][F3]2026-06-14−2,000→ 8,000 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