Ngai Anthony K.K. 4

What Happened
Anthony K.K. Ngai, a director of Silvaco Group, Inc. (SVCO), was awarded 1,376 shares of the company's common stock on 2026-05-12. The shares were reported as acquired at $0.00 on the Form 4 (filed 2026-05-13). The award replaces the quarterly cash retainer for non-employee directors and was granted in lieu of that cash payment; the filing does not list a cash value for the award.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (timely filing).
• Transaction type/code: A — Award/Grant; 1,376 shares acquired at $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The shares were awarded pursuant to an amendment to the issuer’s non-employee director compensation plan replacing the quarterly cash retainer with an equity award having fair market value equal to that retainer.
• No indication of option exercise, sale, or tax-withholding in this filing.

Context
This was a compensation-related equity award for a non-employee director rather than an open-market purchase or sale. Such awards are routine as a form of director pay and do not necessarily signal the director’s view on the company’s stock. The award was granted in lieu of a cash retainer and is reported as acquired at $0.00 on the Form 4.