Molloie William H. Jr. 4
Research Summary
AI-generated summary
Silvaco (SVCO) Former Director Molloie Receives 1,999-Share Award
What Happened
William H. Molloie Jr., a former director of Silvaco Group, Inc. (SVCO), was awarded 1,999 shares of Silvaco common stock on 2026-04-22. The Form 4 reports the acquisition as an award (code A) at a reported price of $0.00 (total cash paid $0). A footnote states the shares were issued in replacement of quarterly cash retainers and have a fair market value equal to those retainers.
Key Details
- Transaction date: 2026-04-22 — Award of 1,999 shares at $0.00 (code A).
- Filing date: Form 4 filed 2026-04-27 for the 2026-04-22 transaction (filed 5 calendar days later; appears past the typical 2-business-day reporting window).
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: Shares awarded under an amendment to the non-employee director compensation plan replacing quarterly cash retainers with equity.
- Insider role: Former director (non-employee director compensation).
Context
This was a compensation award (replacement of cash retainers), not an open-market purchase or sale. Such awards are routine for non-employee directors and reflect compensation policy rather than a direct buy/sell signal about the insider’s market view.