Ganti Anita 4
Research Summary
AI-generated summary
Silvaco (SVCO) Director Anita Ganti Receives 1,165-Share Award
What Happened
- Anita Ganti, a director of Silvaco Group, Inc., was awarded 1,165 shares of common stock on May 12, 2026. The shares were reported as an award/grant (Form 4 code A) with an acquisition price of $0.00 (total cash paid $0).
- The award was made pursuant to an amendment to Silvaco's non-employee director compensation plan that replaced the quarterly cash retainer for Q1 FY2026 with an equity award having fair market value equal to that retainer (see footnote F1). This is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (timely filing).
- Shares awarded: 1,165; acquisition price: $0.00; reported total value on Form 4: $0.
- Shares owned after the transaction: not specified on this filing.
- Notable footnotes:
- F1: Award replaces Q1 cash retainer with stock equal to its fair market value.
- F2: A prior Form 4 (filed May 22, 2025) had erroneously excluded 7,858 restricted stock units previously awarded to Ms. Ganti; this filing notes that correction.
- Transaction type: award/grant (compensation); no sale or market trade occurred.
Context
- Equity awards to directors are common as part of non-employee compensation and do not necessarily indicate the director's view on the stock. This award simply replaces a cash retainer with shares of equivalent value.
- The F2 correction affects prior reported holdings and may change previously published totals of Ms. Ganti's holdings; investors should consult the company's complete filings for updated ownership figures.