4Filed Aug 31, 8:00 PM ET
Silvaco (SVCO) CEO Walden C. Rhines Receives 250,376 RSU Award
$SVCO · Silvaco Group, Inc.Research Summary
AI-generated summary of this SEC filing
Silvaco (SVCO) CEO Walden C. Rhines Receives 250,376 RSU Award
What Happened
Walden C. Rhines, Chief Executive Officer of Silvaco Group, Inc. (SVCO), was granted 250,376 Restricted Stock Units (RSUs) on August 29, 2026. The grant was reported as an award (code A) with an acquisition price of $0.00 (standard for equity compensation grants). The RSUs represent contingent rights to receive one share of Silvaco common stock per RSU once vested.
Key Details
- Transaction date: August 29, 2026; Form 4 filed September 1, 2026.
- Transaction type/code: Award/Grant (A).
- Amount: 250,376 RSUs; reported acquisition price $0.00.
- Vesting: Scheduled to vest on March 31, 2027; vesting will accelerate if the company terminates the CEO’s employment for any reason or if the CEO terminates following an uncured material breach by the company (per the footnote).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: RSUs granted under the CEO’s Employment Agreement (effective Aug 19, 2025); each RSU is a contingent right to one share.
- Filing timeliness: Form filed Sept 1, 2026; the filing shows the report date and does not indicate a late-file flag.
Context
RSUs are a form of compensation that convert into actual shares only upon vesting; this grant is not an open-market purchase or sale and does not represent immediate cash proceeds. For investors, such grants reflect equity-based compensation rather than a direct insider buy/sell signal.