Ngai Anthony K.K. 4
Research Summary
AI-generated summary
Silvaco (SVCO) Director Ngai Anthony Receives Award of 3,259 Shares
What Happened
- Ngai Anthony, a director of Silvaco Group, Inc. (SVCO), was awarded 3,259 shares on 2026-03-17 (transaction code A — award/grant). The reported acquisition price is $0.00 (total reported $0), with a footnote stating the shares have a fair market value equal to the quarterly cash retainer they replace.
Key Details
- Transaction date: 2026-03-17; reported on Form 4 filed 2026-03-19 (timely filing).
- Transaction type/code: Award/Grant (A); reported acquisition price $0.00.
- Shares acquired: 3,259 shares.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Shares awarded pursuant to an amendment to the issuer’s non-employee director compensation plan in lieu of the fourth-quarter fiscal 2025 cash retainer; FMV equals the retainer.
- No indication of a sale, option exercise, tax withholding, or 10b5-1 plan in this filing.
Context
- This was a compensation award to a non-employee director, a routine practice that replaces a cash retainer with equity. Such awards are standard director pay and do not carry the same market-signaling weight as open-market purchases or sales by insiders.