Silvaco Group, Inc. (NASDAQ:SVCO) director Ted L. Tewksbury III disposed of 977 shares of common stock on November 9, 2026, according to a recent filing. The shares were sold for a total value of $7,142, with transaction prices ranging from $7.20 to $7.44 per share.
The sale was carried out under a Rule 10b5-1 trading plan that Tewksbury adopted on May 12, 2026. Such plans allow company insiders to set predetermined schedules for buying or selling shares, providing a defense against allegations of trading on material nonpublic information.
The transaction occurred against a backdrop of sharp short-term momentum in Silvaco's stock. Shares surged 28% over the past week, yet they remain down 33% over the past six months. This divergence highlights the volatility that has characterized the semiconductor software company's equity performance.
On the same day as the sale, Tewksbury was awarded 1,954 shares of Silvaco common stock. The award carried a stated value of $0 and was granted as part of an amendment to the issuer's non-employee director compensation plan. Specifically, the award replaced the quarterly cash retainer that Tewksbury had earned for the third quarter of fiscal 2026 with an equivalent amount of common stock.
Following these transactions, Tewksbury beneficially owns 19,120 shares of Silvaco Group common stock.
Silvaco, which carries a market valuation of $248 million, is scheduled to report its earnings in two days, on November 13. Investors will be watching the results closely for further clarity on the company's financial trajectory.
In other recent developments, Silvaco reported a wider-than-expected loss for the third quarter of 2026. Despite the bottom-line shortfall, the company achieved record bookings of $19.3 million, marking its best performance this year. Revenue for the quarter reached $16.3 million, which fell below the guided midpoint because some IP milestone revenue was shifted into the fourth quarter. The company also noted stronger margins and significantly improved cash flow during the period. These operational trends may be of interest to investors assessing the company's outlook.