Silvaco Group, Inc.·4

May 13, 5:05 PM ET

Pesic Illiya I. 4

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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.