[Form 4] SiTime Corporation Insider Trading Activity
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.
Positive
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Negative
- None.
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.