Ngai-Pesic Katherine S. 4

What Happened

• Katherine Ngai‑Pesic, a 10% owner and non‑employee director of Silvaco Group, Inc. (SVCO), was granted 1,694 shares on 2026-05-12. The Form 4 reports the acquisition price as $0.00 (transaction code A — award).
• Per the filing footnote, the shares were issued under an amendment to the issuer’s non‑employee director compensation plan that replaces the quarterly cash retainer for Q1 FY2026 with an award of common stock having a fair market value equal to that cash retainer.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (timely).
• Reported price: $0.00 on Form 4; footnote clarifies FMV equals the replaced cash retainer.
• Shares awarded: 1,694 shares (award/grant — code A).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: award substitutes stock for the quarterly cash retainer under the non‑employee director compensation plan.

Context

• This was a compensation award, not an open‑market purchase or sale, so it reflects pay structure rather than a direct buy/sell signal.
• As a 10% owner and non‑employee director, the reporting person is a significant shareholder; such awards are common for director compensation and do not necessarily indicate a change in insider sentiment.