Form 4: Silvaco Group CFO Ryan A. Benton Reports Stock Transaction

Ryan A. Benton, CFO of Silvaco Group, Inc., reports the disposal of 1,673 shares of common stock to cover tax obligations related to vesting restricted stock units on November 7, 2024.

Summary

• On November 7, 2024, Ryan A. Benton, the Chief Financial Officer of Silvaco Group, Inc. (SVCO), disposed of 1,673 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• The shares were disposed of at a price of $6.96 per share.
• Following the transaction, Benton directly owns 214,418 shares of Silvaco Group, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO in this case, engage in transactions involving the company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates