Silvaco (SVCO) CFO Christopher Zegarelli Sells 2,431 Shares
$SVCO · Silvaco Group, Inc.Research Summary
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Silvaco (SVCO) CFO Christopher Zegarelli Sells 2,431 Shares
What Happened
Christopher J. Zegarelli, CFO of Silvaco Group, sold 2,431 shares of common stock in an open-market/private sale on April 1, 2026. The weighted-average sale price reported was $7.11 per share, for total proceeds of roughly $17,284. The sale was executed in connection with the vesting of restricted stock units and was used to cover tax withholding obligations.
Key Details
- Transaction date: April 1, 2026 (filed on April 3, 2026). Filing appears to meet the two-business-day Form 4 requirement.
- Sale details: 2,431 shares disposed; weighted-average sale price $7.11 (individual sale prices ranged $7.03–$7.16).
- Matched purchase: 2,431 shares purchased by the reporting person on December 8, 2025 at $3.78/share (per footnote).
- Short‑swing profit: Reporting person will promptly pay the issuer $8,088.63, representing the full profit realized under Section 16(b) for the matched purchase/sale.
- Shares owned after the transaction: not specified in the provided data.
- Footnotes: F1 explains the sale was to cover tax withholding from RSU vesting and acknowledges the Section 16(b) match; F2 explains the reported price is a weighted average and gives the per-trade price range.
Context
This was a sale tied to RSU vesting and tax withholding (a routine, non-discretionary action), not a clear signal of a change in insider sentiment. Because the shares sold were purchased within six months (Dec 8, 2025), the short‑swing profit rule required repayment of the gain to the company; the insider has committed to remit $8,088.63.