Pesic Illiya I. 4
4 · Silvaco Group, Inc. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Silvaco (SVCO) 10% Owner Illiya Pesic Sells 400,000 Shares
What Happened
- Illiya Pesic, reported as a 10% owner of Silvaco Group, Inc. (SVCO), disposed of 400,000 shares in two transactions: 300,000 shares on 2025-11-17 at $1.93 each (≈ $579,000) and 100,000 shares on 2026-01-07 at $1.94 each (≈ $193,800). On 2026-03-17 Pesic was also recorded as acquiring 2,256 shares (reported at $0.00) as an award under the company’s non-employee director compensation plan for a quarterly retainer.
- The sales are disposals (S) and the later issuance is an award (A). Sales total roughly $772,800; the award reflects compensation rather than an open-market purchase.
Key Details
- Transaction dates and prices:
- 2025-11-17: Sold 300,000 shares @ $1.93 ($579,000)
- 2026-01-07: Sold 100,000 shares @ $1.94 ($193,800)
- 2026-03-17: Received 2,256 shares as award (reported $0.00)
- Shares owned after the transactions: Not disclosed in this Form 4.
- Footnotes of note:
- F1: Filing was late — the reporting person originally treated the transfers as non-reportable pledges and later concluded they must be reported; the transactions are subject to an arbitral dispute.
- F2: The reported prices for the dispositions reflect an implied per‑share value from a non‑recourse stock‑loan arrangement (loan proceeds limited to ~45% of market value), not necessarily a negotiated open‑market sale price.
- F3: The 2,256 shares were awarded in lieu of a cash retainer under the non‑employee director compensation plan, with fair value equal to that retainer.
- Timeliness: Late filing (transactionTimeliness = 'L') — reported after the original deadlines.
Context
- As a 10% owner, Pesic is a significant shareholder but not necessarily an executive; such sales can reflect financing or pledge arrangements rather than routine open‑market sell decisions.
- The F2 description indicates the November/January dispositions involved a stock‑loan style transfer (non‑recourse), so the reported per‑share values may not reflect a standard negotiated sale price.
- The awarded shares are compensation and do not imply a market‑timing purchase; filings like this are factual records and do not by themselves indicate insider sentiment.
Insider Transaction Report
Form 4
Pesic Illiya I.
Other
Transactions
- Sale
Common Stock
[F1][F2]2025-11-17$1.93/sh−300,000$579,000→ 5,479,899 total - Sale
Common Stock
[F1][F2]2026-01-07$1.94/sh−100,000$193,800→ 5,379,899 total - Award
Common Stock
[F3]2026-03-17+2,256→ 5,382,155 total
Footnotes (3)
- [F1]The transactions reported in this Form 4 have been reported after the reporting deadlines because the Reporting Person initially believed each of the transactions constituted a non-reportable pledge of Issuer securities. The Reporting Person has subsequently determined to report the transactions based on the terms of the arrangement. The nature of the transactions is currently the subject of a dispute in an arbitral proceeding.
- [F2]The reported price reflects the implied per-share value of shares transferred pursuant to an arrangement described as a non-recourse stock loan, in which the shares were transferred to the counterparty and the loan proceeds were limited to approximately 45% of the market value of the transferred shares, as determined under the terms of the arrangement, rather than a negotiated sale price.
- [F3]The shares of Issuer common stock were awarded to the Reporting Person pursuant to an amendment to the Issuer's non-employee director compensation plan in lieu of the quarterly cash retainer for the fourth quarter of fiscal 2025, with a fair market value equal to such retainer.
Signature
/s/ Candace Jackson, as Attorney-in-Fact|2026-03-19