Form 4: Silvaco Group CFO Ryan Benton Disposes of Shares to Cover Tax Obligations

Ryan A. Benton, CFO of Silvaco Group, Inc., disposed of 21,409 shares of common stock on November 4, 2024, to cover tax withholding obligations related to vested restricted stock units.

Summary

• On November 4, 2024, Ryan A. Benton, the Chief Financial Officer of Silvaco Group, Inc., disposed of 21,409 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations associated with the settlement of vested restricted stock units.
• The shares were disposed of at a price of $6.27 per share.
• Following the transaction, Benton directly owns 216,091 shares of Silvaco Group, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions. The transaction itself is neutral, as it is related to tax obligations.

Industry Context

Form 4 filings are a routine part of insider trading activity and are closely monitored by investors for insights into management's perspective on the company's stock. This transaction appears to be related to tax obligations, which is a common reason for such filings.

Stakeholder Impact

• The disposal of shares by the CFO could have a minor impact on shareholder sentiment, although it is likely to be viewed as a routine transaction.

Key Dates