SITM Form 4: CFO Sells 2,904 Shares at $221.60 — Holdings 68,570
Elizabeth A. Howe, the Executive Vice President and Chief Financial Officer of SiTime Corporation (SITM), reported a sale of 2,904 shares of the company's common stock on 08/20/2025 at a reported price of $221.60 per share.
Rhea-AI Filing Summary
Elizabeth A. Howe, the Executive Vice President and Chief Financial Officer of SiTime Corporation (SITM), reported a sale of 2,904 shares of the company's common stock on 08/20/2025 at a reported price of $221.60 per share. After the transaction she beneficially owns 68,570 shares in total, which the filing clarifies includes 56,597 unvested restricted stock units: 40,008 time-based RSUs and 16,589 performance-based RSUs that vest based on specified price performance conditions. The Form 4 was submitted and signed by an attorney-in-fact on 08/22/2025.
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Insights
TL;DR: Routine officer share disposition; small portion of total holdings sold, core ownership largely retained via unvested RSUs and PSUs.
The reported disposal of 2,904 shares at $221.60 is a straightforward non-derivative sale by the company's CFO. The filing specifies total beneficial ownership of 68,570 shares following the sale, of which 56,597 are unvested RSUs/PSUs, including 40,008 time-based and 16,589 performance-based units. This indicates that while some liquid shares were sold, a substantial economic interest remains tied to future vesting and performance conditions. The disclosure is complete regarding quantities, prices, and the composition of unvested units; there are no derivative transactions reported.
TL;DR: Standard Section 16 reporting; sale disclosed and governance stake composition clarified by RSU/PSU detail.
The Form 4 meets Section 16 disclosure requirements by reporting an officer sale and post-transaction holdings. The detailed breakdown that 16,589 shares are performance-based restricted units is useful for governance assessment because those shares vest only upon specified price performance. The filing was executed via attorney-in-fact, which is documented. No indications of atypical trading codes or derivatives are present. This is a routine insiders filing with clear documentation of unvested awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,904 | $221.60 | $644K |
Footnotes (1)
- F1. Includes an aggregate of 56,597 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested. These unvested units include 40,008 restricted stock units that vest over time, and 16,589 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 did Elizabeth A. Howe report in the Form 4 for SITM?
How many unvested restricted stock units does the Form 4 list for SITM's reporting person?
Does the Form 4 for SITM report any derivative transactions?
When was the transaction and when was the Form 4 signed?
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