Silvaco (SVCO) 10% Owner Katherine Ngai-Pesic Receives Award
$SVCO · Silvaco Group, Inc.Research Summary
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Silvaco (SVCO) 10% Owner Katherine Ngai-Pesic Receives Award
What Happened
Katherine S. Ngai-Pesic, a 10% owner and non‑employee director of Silvaco Group, Inc. (SVCO), was granted 2,504 shares on 2026-08-11. The Form 4 reports an acquisition price of $0.00 and a reported total of $0 for the transaction; a filing footnote explains the shares replace the quarterly cash retainer and have a fair market value equal to that retainer.
Key Details
- Transaction date: 2026-08-11 (reported on Form 4 filed 2026-08-12). Filing appears timely.
- Transaction type: Award / Grant (code A).
- Shares awarded: 2,504 shares; reported acquisition price $0.00 (total reported $0).
- Shares owned after transaction: Not specified in the supplied filing data.
- Footnote (F1): Award was made under an amendment to the company’s non‑employee director compensation plan to replace the Q2 fiscal 2026 cash retainer with stock having fair market value equal to that retainer.
- Insider status: Reporting person listed as a 10% owner and non‑employee director.
Context
This was a compensation award (not an open‑market purchase or sale). Such grants are routine director compensation and do not, by themselves, necessarily imply a change in insider sentiment; purchases tend to be more informative for signaling. The reported $0 acquisition price reflects how compensation awards are recorded; the footnote indicates the economic value equals the cash retainer replaced by the stock award.