Pesic Illiya I. 4
Research Summary
AI-generated summary
Silvaco (SVCO) 10% Owner Illiya Pesic Receives 953-Share Award
What Happened Illiya Pesic, a reported 10% owner of Silvaco Group, Inc. (SVCO), was awarded 953 shares of Silvaco common stock on May 12, 2026. The shares were issued at $0.00 per share (award), resulting in no cash outlay by the reporting person. This was an award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-12; Filing date (Form 4): 2026-05-13. Filing appears timely.
- Transaction: Award/acquisition of 953 shares at $0.00 per share.
- Amount paid by insider: $0 (award).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: The shares were awarded under an amendment to the issuer’s non‑employee director compensation plan to replace the quarterly cash retainer for Q1 FY2026 with an equivalent-value stock award.
- Transaction code: A (award/grant).
Context This is a compensation-related award to a large (10%) owner tied to replacing a quarterly cash retainer with stock, per the filing footnote. Such awards are routine compensation actions and do not necessarily indicate the reporting person's market view. Because Pesic is reported as a 10% owner rather than an executive trade, treat this as a non‑executive compensation issuance rather than a buy/sell signal.