Lee Hau L. 4
Research Summary
AI-generated summary
Silvaco (SVCO) Director Lee Hau L. Receives 3,760-Share Award
What Happened
- Lee Hau L., a director of Silvaco Group, Inc. (SVCO), was awarded 3,760 shares on 2026-03-17. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant). The filing notes the shares were issued in lieu of the quarterly cash retainer for Q4 FY2025, with a fair market value equal to that retainer.
Key Details
- Transaction date: 2026-03-17; Form 4 filed: 2026-03-19 (timely filing).
- Reported price per share: $0.00; reported total consideration: $0 on the Form 4.
- Transaction code: A (award/grant).
- Footnote: Shares awarded under an amendment to the issuer's non-employee director compensation plan in lieu of the quarterly cash retainer; FMV equals the cash retainer.
- Shares owned after transaction: not specified in the information provided.
Context
- This is a compensation award to a non-employee director, a routine form of pay rather than an open-market purchase or sale. Such awards reflect board compensation practices and are not direct buy/sell signals about the director’s personal investment decisions.