SiTime (SITM) insider sale: 2,133 shares at $221.60 reported
SiTime Corporation (SITM) officer reported a sale of common stock.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,133 | $221.60 | $473K |
Footnotes (1)
- F1. Includes an aggregate of 27,246 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units and that have not vested. These unvested units include 17,040 restricted stock units that vest over time, and 10,206 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods.
FAQ
What insider transaction did SiTime (SITM) report on the Form 4?
Does the Form 4 disclose unvested equity for the reporting person?
Who is the reporting person and what is their role at SiTime?
When was the Form 4 signed and by whom?
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