[Form 4] SiTime Corporation Insider Trading Activity
Rhea-AI Filing Summary
SiTime Corporation (SITM) officer reported a sale of common stock. The reporting person, identified as SVP Finance and Chief Accounting Officer, executed a disposition of 2,133 shares on 08/20/2025 at a reported price of $221.60 per share, leaving total beneficial ownership of 69,888 shares. The filing also discloses 27,246 unvested units previously reported: 17,040 time-based restricted stock units and 10,206 performance-based restricted stock units that vest subject to timing and price-performance conditions. The Form 4 is signed by an attorney-in-fact on 08/22/2025.
Positive
- Transparent disclosure of insider sale details including date, price, and post-transaction beneficial ownership
- Detailed breakdown of unvested equity: 17,040 time-based RSUs and 10,206 performance-based RSUs, clarifying vesting structure
Negative
- Disposition of 2,133 shares reduced direct beneficial ownership to 69,888 shares
- 10,206 performance-based units remain unvested and contingent on stock price performance, delaying potential alignment from those shares
Insights
TL;DR: A company officer sold a small portion of holdings; remaining ownership includes substantial unvested equity tied to performance.
The reported sale of 2,133 shares at $221.60 reduced the officer's beneficial holdings to 69,888 shares. The disclosure that 27,246 shares remain unvested, including 10,206 performance-based units, is important because a material portion of total holdings is subject to vesting and performance conditions rather than immediate transferability. This is a routine Section 16 disclosure of insider activity and provides transparency into executive compensation and potential future share releases.
TL;DR: Filing is a standard insider disclosure showing a disposition and detailed breakdown of unvested equity.
The Form 4 properly reports the disposition date, price, and post-transaction beneficial ownership, and it specifies the composition of unvested awards (time-based and performance-based RSUs). The signature by an attorney-in-fact is noted. There are no disclosures of option exercises, derivative transactions, or other atypical governance events in this filing.