Form 4: Silvaco Group CTO Raul Camposano Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Chief Technology Officer Raul Camposano of Silvaco Group, Inc. reports the withholding of 17,141 common stock shares to cover tax obligations related to vested restricted stock units.
Summary
- Raul Camposano, Chief Technology Officer of Silvaco Group, Inc., filed a Form 4 on November 7, 2024, reporting a transaction that occurred on November 4, 2024.
- The transaction involved the withholding of 17,141 shares of common stock by the issuer to satisfy tax withholding obligations.
- This withholding was related to the settlement of vested restricted stock units following the expiration of a contractual lock-up period.
- The price per share for the transaction was $6.27.
- Following the transaction, Camposano directly owns 67,859 shares of Silvaco Group, Inc. common stock.
- Camposano also provided a Limited Power of Attorney, effective November 7, 2024, designating Ryan Benton, Candace Jackson, and Sherry Lin as attorneys-in-fact for Section 16 reporting purposes.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, not a sale on the open market.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of the stock withholding transaction. |
| 11/07/2024 | Date of Form 4 filing and Limited Power of Attorney execution. |
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