Form 4: Silvaco Group CFO Reports Stock Transactions
SEC Form 4 Filing
Ryan A. Benton, CFO of Silvaco Group, Inc., reports acquisition of restricted stock units and disposition of shares to cover tax obligations.
Summary
- Ryan A. Benton, the Chief Financial Officer of Silvaco Group, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 5, 2025, Benton acquired 12,462 shares of common stock in the form of Restricted Stock Units (RSUs) granted as partial payment for his 2024 fiscal year bonus.
- These RSUs were granted at a price of $0 and are fully vested but subject to further restrictions.
- Benton also acquired 720 shares of common stock under the Issuer's employee stock purchase plan on November 29, 2024.
- On March 7, 2025, Benton disposed of 7,492 shares of common stock at a price of $4.83 to cover tax withholding obligations related to the settlement of RSUs.
- Following these transactions, Benton directly owns 220,108 shares of Silvaco Group, Inc.
Sentiment
Score: 6
Explanation: The document reflects standard insider trading activity related to compensation and tax obligations, with no particularly positive or negative implications.
Positives
- The acquisition of RSUs as part of the CFO's compensation package aligns his interests with the company's performance.
Negatives
- The disposal of shares to cover tax obligations, while common, slightly reduces the CFO's direct holdings.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2024-11-29 | Acquisition of common stock under the employee stock purchase plan. |
| 2025-03-05 | Grant of Restricted Stock Units (RSUs) to Ryan A. Benton. |
| 2025-03-07 | Disposition of shares to cover tax withholding obligations. |
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