Silvaco (SVCO) Director Ngai Receives Award, Buys 750 Shares

What Happened

• Anthony K.K. Ngai, a director of Silvaco Group, Inc. (SVCO), received 2,746 shares as a stock award (reported at $0.00 per share) and separately purchased 750 shares in the open market at $7.37 each on August 11, 2026. The open-market purchase cost $5,528 in total.
• The award replaces the quarterly cash retainer for non-employee directors under an amendment to Silvaco’s director compensation plan; the footnote states the award has a fair market value equal to the cash retainer.

Key Details

• Transaction dates: August 11, 2026; Form 4 filed August 12, 2026 (timely filing).
• Award: 2,746 shares (code A), reported at $0.00 per share on the form; footnote confirms award was in lieu of the quarterly cash retainer.
• Purchase: 750 shares (code P) at $7.37 per share, total $5,528.
• Shares owned after transaction: not specified in the reported filing.
• No indication of a 10b5-1 plan, tax withholding sale, or late filing in this report.

Context

• Awards in lieu of cash retainers are a common form of non-employee director compensation and do not, by themselves, signal intent to buy or sell stock in the market. The separate open-market purchase is a direct insider buy, which some investors view as a more informative bullish signal than awards.