Silvaco (SVCO) Director Bo-Linn Cheemin Sells 700 Shares, Receives 1,400-Share Award

What Happened

Bo-Linn Cheemin, a director of Silvaco Group, Inc. (SVCO), was awarded 1,400 shares on August 11, 2026 as compensation and on the same day sold 700 shares in the open market. The sale generated approximately $5,093 (weighted average price $7.28; individual sale prices ranged $7.25–$7.33). The award was issued in lieu of the quarterly cash retainer; the Form 4 reports the award as an acquisition (grant) at $0 in the filing mechanics.

Key Details

• Transaction date: August 11, 2026; Form 4 filed August 12, 2026 (timely filing).
• Award: 1,400 shares granted under the non-employee director compensation plan (replacement of Q2 fiscal 2026 cash retainer).
• Sale: 700 shares sold, weighted average price $7.28, proceeds ~$5,093; sale prices ranged $7.25–$7.33.
• Sale executed pursuant to a pre-established 10b5-1 trading plan adopted May 12, 2026.
• Shares owned after the transactions: not disclosed in the provided filing.
• Footnotes: F1 explains the award replaced a cash retainer; F2 confirms the sale was under a 10b5-1 plan; F3 notes the weighted-average price and that the filer can provide per-price details on request.

Context

The award represents director compensation rather than a market purchase, and the sale was made under a pre-set 10b5-1 plan (common for routine disposals and to avoid claims of trading on inside information). These filings are factual disclosures of transactions and do not, by themselves, indicate the director’s future view of the company.