Form 4: Katherine S. Ngai-Pesic Reports Acquisition of Silvaco Group Shares Following Trust Expiration

Katherine S. Ngai-Pesic, a director and member of a 10% owner group of Silvaco Group, Inc., acquired 308,991 shares of common stock due to the expiration of a grantor retained annuity trust.

Summary

• On July 31, 2024, Katherine S. Ngai-Pesic reported the acquisition of 308,991 shares of Silvaco Group, Inc. common stock.
• The shares were acquired as a result of the expiration of the SMIK Grantor Retained Annuity Trust on May 28, 2024.
• Ms. Pesic received the shares for no consideration.
• Following the transaction, Ms. Pesic directly owns 10,486,105 shares of Silvaco Group, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a change in ownership. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition increases Ms. Pesic's stake in Silvaco Group, Inc., demonstrating confidence in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in the beneficial ownership of Silvaco Group, Inc. by a director and significant shareholder.

Stakeholder Impact

• The change in ownership may have a minor impact on shareholders, as it reflects an increased stake by a director and significant shareholder.

Key Dates