Form 4: Silvaco Group Officer Candace Jackson Reports Stock Award and Tax Withholding

Candace Jackson, an officer of Silvaco Group, Inc., reports the acquisition of restricted stock units (RSUs) and the subsequent withholding of shares to cover tax obligations.

Summary

• On April 1, 2025, Candace Jackson, an officer of Silvaco Group, Inc., was granted 35,224 Restricted Stock Units (RSUs).
• These RSUs vest over time, starting with one-sixteenth vesting on April 8, 2025, and the remainder vesting quarterly until January 1, 2029.
• On April 8, 2025, 905 shares of common stock were withheld by Silvaco Group to cover tax obligations related to the vesting of the RSUs, at a price of $3.77 per share.
• Following these transactions, Jackson directly owns 54,667 shares of Silvaco Group common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reports standard stock transactions related to executive compensation.

Future Outlook

The remaining RSUs will continue to vest quarterly until January 1, 2029, potentially increasing Jackson's holdings in Silvaco Group stock.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The vesting of RSUs may incentivize the officer to contribute to the company's success.

Key Dates

Keywords

Form 4, Silvaco Group, Candace Jackson, Restricted Stock Units, RSUs, Stock Award, Tax Withholding, Beneficial Ownership