Form 4: Silvaco Group Executive Eric Guichard Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Eric Guichard, a Senior Vice President at Silvaco Group, disposed of shares to cover tax obligations related to vested restricted stock units.
Summary
- On November 4, 2024, Eric Guichard, a Senior Vice President and General Manager at Silvaco Group, Inc., disposed of 18,278 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 sold at a price of $6.27 per share.
- Following the transaction, Guichard directly owns 82,902 shares of Silvaco Group, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations). It doesn't indicate positive or negative sentiment.
Industry Context
This type of transaction, where shares are sold to cover tax obligations upon vesting of restricted stock units, is a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 11/07/2024 | Date of signature for the Limited Power of Attorney. |
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