[Form 4] SiTime Corporation Insider Trading Activity
Rhea-AI Filing Summary
Fariborz Assaderaghi, Executive Vice President, Engineering & Technology at SiTime Corporation (SITM), reported a sale of common stock on 09/04/2025. The filing discloses the sale of 3,000 shares at a weighted average price of $231.75 per share, reported with transaction code "S."
The report shows 90,433 shares beneficially owned following the sale, which includes 87,670 shares issuable under previously reported unvested restricted stock units and performance-based restricted stock units (40,650 time-vesting RSUs and 47,020 performance-based RSUs). A 10b5-1 plan box is checked.
Positive
- Transaction disclosed under Section 16, meeting required insider reporting rules
- 10b5-1 plan box checked, indicating the sale was reported as executed pursuant to a written plan
- Detailed breakdown provided of unvested restricted stock units and performance-based restricted stock units (40,650 time-vesting; 47,020 performance-based)
Negative
- Executive sold 3,000 shares, reducing direct ownership by that amount
- Large portion of reported ownership (87,670 shares) consists of unvested RSUs and performance-based RSUs, limiting immediately liquid holdings
Insights
TL;DR: Insider sale of 3,000 shares at $231.75; majority of remaining position is unvested RSUs.
The Form 4 reports a straightforward disposition by an executive officer: 3,000 common shares sold on 09/04/2025 at a weighted average price of $231.75. Post-transaction beneficial ownership is 90,433 shares, but 87,670 of those are unvested RSUs and performance-based RSUs. This means the executives immediately liquid stake is limited relative to the total reported figure. The filing also indicates the transaction was consistent with a 10b5-1 plan, which can reduce potential insider trading timing concerns.
TL;DR: Disclosure follows Section 16 reporting; use of 10b5-1 plan is noted and signature was by attorney-in-fact.
The Form 4 is filed under Section 16 and discloses that the reporting person is an officer. The document indicates the transaction was made pursuant to a plan intended to satisfy Rule 10b5-1(c). The signature on the form is by an attorney-in-fact dated 09/08/2025. The filing clearly itemizes unvested time-based and performance-based equity, which is useful for governance transparency regarding executive compensation structure.