SiTime (SITM) director Faraj Aalaei files Form 3 reporting no holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SiTime Corp director reports no beneficial ownership in Form 3 filing. Director Faraj Aalaei filed an initial ownership report stating that no securities of SiTime Corp are beneficially owned. The filing confirms his status as a director and indicates there are no non-derivative or derivative securities listed as held, meaning he reports no direct or indirect ownership in the company’s stock or related instruments at this time.
Positive
- None.
Negative
- None.
FAQ
What does SiTime (SITM) disclose in this Form 3 filing?
The Form 3 filing discloses that director Faraj Aalaei currently reports no beneficial ownership of SiTime Corp securities, including both non-derivative and derivative instruments.
Who is the reporting person in this SiTime (SITM) Form 3?
The reporting person is Faraj Aalaei, who is identified in the filing as a director of SiTime Corp and is not listed as an officer or 10% owner.
Are there any transactions reported in this SiTime (SITM) Form 3?
No. The insider data shows no transactions reported and only confirms the reporting person’s status and lack of beneficial ownership.
Who signed the SiTime (SITM) Form 3 and in what capacity?
The Form 3 is signed by Samsheer Ahamad as Attorney-in-Fact for the reporting person, with a power of attorney referenced as Exhibit 24.
Does this SiTime (SITM) Form 3 indicate any derivative securities like options or warrants?
No. The section for derivative securities is present, but no derivative securities are listed, and the remarks confirm that no securities are beneficially owned.