Shelton Jodi Lynn 4
Research Summary
AI-generated summary
Silvaco (SVCO) Director Jodi Shelton Receives 2,507-Share Award
What Happened Jodi Lynn Shelton, a director of Silvaco Group, Inc. (SVCO), was granted 2,507 shares on 2026-03-17. The Form 4 reports an acquisition price of $0.00 (transaction code A — award/grant), with no cash amount reported on the form; a footnote explains the shares were issued in lieu of the quarterly cash retainer and have a fair market value equal to that retainer.
Key Details
- Transaction date: 2026-03-17; Form 4 filed: 2026-03-19 (timely — within the standard two-business-day window).
- Reported price: $0.00 on the Form 4; see footnote for fair market value treatment.
- Shares acquired: 2,507 common shares.
- Shares owned after transaction: Not stated in the filing.
- Footnote: Award issued pursuant to an amendment to the issuer's non‑employee director compensation plan, granted in lieu of the quarterly cash retainer for Q4 FY2025; FMV is equal to that retainer.
- Transaction code: A (award/grant).
Context This was an equity award issued instead of a cash retainer to a non‑employee director — a common form of compensation and not a direct buy or sell signal. The $0.00 acquisition amount on the Form 4 reflects the mechanics of the award; the filing’s footnote clarifies the shares’ economic value tied to the cash retainer. As always, awards to directors are compensation-related and should be interpreted differently from open-market purchases or sales.