[Form 4] SiTime Corporation Insider Trading Activity
Rhea-AI Filing Summary
Vincent P. Pangrazio, EVP, Chief Legal Officer & Corporate Secretary of SiTime Corporation (SITM), reported the sale of 6,443 shares of common stock on 09/09/2025 under code S at a weighted average price of $246.16 per share (individual trade prices ranged from $245.00 to $249.50). After the sale he beneficially owns 52,612 shares, which include 42,868 shares issuable under previously reported unvested restricted stock units and performance-based restricted stock units. The filing indicates the transaction was covered by a Rule 10b5-1 plan.
Positive
- Transaction reported under a 10b5-1 plan, providing a pre-arranged, documented framework for the sale
- Complete disclosure of weighted average price and price range for the reported shares
- Detailed breakdown of unvested awards provided, including time-based and performance-based units
Negative
- Insider sold shares, which investors may view negatively depending on context
- Majority of remaining beneficial ownership is unvested equity, so current vested shareholding is materially lower than the headline number
Insights
TL;DR: Insider sale disclosed under a 10b5-1 plan; substantial portion of remaining holdings are unvested RSUs/PSUs.
The sale was executed under transaction code S and the form marks a 10b5-1 trading plan, which signals pre-arranged disposition rather than opportunistic trading. The reporter retains 52,612 beneficially owned shares, but most (42,868) are unvested equity awards, including 25,581 performance-based units, which means actual current vested ownership is materially smaller. Disclosure is complete and conforms to Section 16 requirements.
TL;DR: Reported sale size is moderate and transparently disclosed; unvested performance awards may align executive incentives with stock performance.
6,443 shares sold at a weighted average of $246.16 represents a routine insider sale in isolation. The disclosure that 25,581 shares are performance-based RSUs highlights that a meaningful portion of potential future dilution or insider alignment depends on future stock-price performance. No derivative or option exercises are reported in this filing.