Lee Hau L. 4

What Happened Lee Hau L., a former director of Silvaco Group, Inc. (SVCO), was issued a stock award of 2,726 shares on 2026-04-22. The Form 4 records the acquisition as 2,726 shares at $0.00 (total reported cash value $0). A footnote explains the award was made by amending the non-employee director compensation plan to replace quarterly cash retainers with an equivalent-value stock award.

Key Details

• Transaction date: 2026-04-22; reported on Form 4 filed 2026-04-27 (filed 5 calendar days after the transaction, later than the typical 2-business-day Form 4 deadline).
• Reported terms: 2,726 shares acquired, $0.00 per share in the filing (award/grant).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: award replaces quarterly cash retainers for Q1 FY2026 and Q2 2026 to date; shares have a fair market value equal to those cash retainers.
• No 10b5-1 plan, tax-withholding sale, or cashless exercise noted in the excerpt.

Context This was a compensation award to a non-employee director rather than an open‑market purchase or sale. Such awards are common for director compensation and do not by themselves signal the insider buying or selling stock for investment reasons. Retail investors typically view purchases as a stronger indicator of insider confidence than routine compensation awards.