Silvaco (SVCO) 10% Owner Illiya Pesic Receives Stock Award

What Happened Illiya I. Pesic, reported as a 10% owner and a non‑employee director of Silvaco Group, Inc. (SVCO), was awarded 1,409 shares on 2026-08-11. The Form 4 reports the acquisition as an award/grant (code A) at $0.00 per share (total cash paid reported as $0); a footnote clarifies the shares were issued in place of the quarterly cash retainer and have a fair market value equal to that retainer.

Key Details

• Transaction date: 2026-08-11 (Filed: 2026-08-12; timely)
• Transaction type/code: Award/Grant (A)
• Shares acquired: 1,409; reported price: $0.00 (award)
• Shares owned after transaction: Not specified in the filing
• Footnote: Award replaces the Q2 cash retainer under the issuer’s non‑employee director compensation plan (fair market value equals the cash retainer)
• Filing timeliness: Filed the day after the transaction; not marked late

Context This was a compensation award converting a cash retainer into stock, not an open‑market purchase or sale. Such awards are routine for director pay and don’t by themselves indicate the recipient’s buying/selling sentiment about the company. For reference, filings by 10% owners are disclosures of significant ownership but, in this case, reflect director compensation mechanics rather than an investment decision.