[Form 4] SiTime Corporation Insider Trading Activity
Sevalia Piyush B, EVP Marketing of SiTime Corporation (SITM), reported a sale of 2,000 shares of common stock on 08/29/2025 at $242.66 per share. After the transaction, the reporting person beneficially owned 80,813 shares, which include 76,146 shares issuable under previously reported restricted stock units and performance-based restricted stock units that have not vested. The unvested units comprise 29,126 time-based restricted stock units and 47,020 performance-based restricted stock units subject to price performance conditions. The Form 4 indicates the sale was reported under a plan and was signed by an attorney-in-fact on 09/03/2025.
Sevalia Piyush B, EVP Marketing di SiTime Corporation (SITM), ha riferito la vendita di 2.000 azioni ordinarie il 29/08/2025 al prezzo di $242,66 per azione. Dopo la transazione, la persona che ha effettuato la segnalazione deteneva indirettamente 80.813 azioni, comprensive di 76.146 azioni emesse in base a unità azionarie vincolate (restricted stock units) e unità azionarie vincolate basate sulle prestazioni (performance-based RSU) già segnalate ma non ancora maturate. Le unità non maturate comprendono 29.126 RSU a maturazione temporale e 47.020 RSU basate su prestazioni soggette a condizioni di prezzo. Il Modulo 4 indica che la vendita è stata riportata nell’ambito di un piano ed è stata firmata da un procuratore il 03/09/2025.
Sevalia Piyush B, vicepresidente ejecutivo de Marketing de SiTime Corporation (SITM), informó la venta de 2.000 acciones ordinarias el 29/08/2025 a $242,66 por acción. Tras la operación, la persona informante poseía beneficiariamente 80.813 acciones, que incluyen 76.146 acciones susceptibles de emitirse en virtud de unidades restringidas de acciones y unidades restringidas basadas en rendimiento previamente declaradas y que aún no han vencido. Las unidades no vencidas constan de 29.126 unidades restringidas por tiempo y 47.020 unidades restringidas por rendimiento sujetas a condiciones de precio. El Formulario 4 indica que la venta se informó bajo un plan y fue firmada por un apoderado el 03/09/2025.
Sevalia Piyush B, SiTime Corporation(SITM) 마케팅 수석부사장은 2025-08-29에 보통주 2,000주를 주당 $242.66에 매도했다고 보고했습니다. 거래 후 보고자는 이전에 보고된 제한부주식단위(RSU) 및 성과기반 제한부주식단위를 포함하여 총 80,813주를 실질적으로 보유하고 있었습니다. 미확정 단위는 시간 기반 제한부주식단위 29,126주와 가격 성과 조건이 적용되는 성과 기반 제한부주식단위 47,020주로 구성됩니다. Form 4에는 해당 매도가 계획에 따라 보고되었으며 2025-09-03에 법적대리인이 서명했음이 기재되어 있습니다.
Sevalia Piyush B, EVP Marketing de SiTime Corporation (SITM), a déclaré la vente de 2 000 actions ordinaires le 29/08/2025 au prix de 242,66 $ par action. Après la transaction, le déclarant détenait à titre bénéficiaire 80 813 actions, dont 76 146 actions susceptibles d’être émises au titre d’unités d’actions restreintes et d’unités d’actions restreintes liées à la performance précédemment déclarées et non encore acquises. Les unités non acquises comprennent 29 126 unités restreintes à durée et 47 020 unités restreintes liées à la performance, soumises à des conditions de performance de prix. Le formulaire 4 indique que la vente a été déclarée dans le cadre d’un plan et a été signée par un mandataire le 03/09/2025.
Sevalia Piyush B, EVP Marketing von SiTime Corporation (SITM), meldete den Verkauf von 2.000 Stammaktien am 29.08.2025 zu $242,66 je Aktie. Nach der Transaktion hielt die meldende Person wirtschaftlich 80.813 Aktien, einschließlich 76.146 Aktien, die aus zuvor gemeldeten Restricted Stock Units (RSU) und performance-basierten RSUs stammen und noch nicht vestiert sind. Die nicht vestierten Einheiten bestehen aus 29.126 zeitbasierten RSUs und 47.020 performance-basierten RSUs, die an Preis-Leistungsbedingungen gebunden sind. Im Formular 4 wird angegeben, dass der Verkauf im Rahmen eines Plans gemeldet wurde und am 03.09.2025 von einem Bevollmächtigten unterzeichnet wurde.
- Transaction reported under a written plan (10b5-1), indicating the sale was preplanned and may reduce questions about opportunistic insider trading
- Majority of beneficial ownership is unvested (76,146 RSUs/PSUs), aligning the reporting person’s economic interest with future company performance
- Filing executed and signed by an attorney-in-fact, demonstrating compliance with Section 16 reporting requirements
- Insider disposition of shares (2,000 shares sold), which reduces immediate insider stake
- 47,020 performance-based units are subject to price performance conditions and may not vest if targets are not met
Insights
TL;DR: Insider sold a small portion of holdings under a reported plan; no immediate material change to ownership.
The sale of 2,000 shares at $242.66 reduced the reporting person's beneficial holdings to 80,813 shares. A significant portion of that total (76,146 shares) remains tied to unvested restricted stock units and performance-based restricted stock units, indicating most economic interest is not immediately liquid. The Form 4 also indicates the transaction was made pursuant to a written plan consistent with Rule 10b5-1, which typically signals preplanned execution rather than opportunistic trading. Overall, this disclosure is routine and provides transparency on insider activity.
TL;DR: Filing shows compliance with reporting rules and continued concentration of holdings in unvested equity awards.
The reporting person is identified as an officer (EVP, Marketing) and the filing discloses both time-based and performance-based unvested awards totaling 76,146 shares, which keeps substantial alignment with shareholder interests through vesting conditions. The checked indication that the transaction was pursuant to a written plan supports procedural compliance. The disclosure was executed via attorney-in-fact, reflecting appropriate administrative filing practices.
Sevalia Piyush B, EVP Marketing di SiTime Corporation (SITM), ha riferito la vendita di 2.000 azioni ordinarie il 29/08/2025 al prezzo di $242,66 per azione. Dopo la transazione, la persona che ha effettuato la segnalazione deteneva indirettamente 80.813 azioni, comprensive di 76.146 azioni emesse in base a unità azionarie vincolate (restricted stock units) e unità azionarie vincolate basate sulle prestazioni (performance-based RSU) già segnalate ma non ancora maturate. Le unità non maturate comprendono 29.126 RSU a maturazione temporale e 47.020 RSU basate su prestazioni soggette a condizioni di prezzo. Il Modulo 4 indica che la vendita è stata riportata nell’ambito di un piano ed è stata firmata da un procuratore il 03/09/2025.
Sevalia Piyush B, vicepresidente ejecutivo de Marketing de SiTime Corporation (SITM), informó la venta de 2.000 acciones ordinarias el 29/08/2025 a $242,66 por acción. Tras la operación, la persona informante poseía beneficiariamente 80.813 acciones, que incluyen 76.146 acciones susceptibles de emitirse en virtud de unidades restringidas de acciones y unidades restringidas basadas en rendimiento previamente declaradas y que aún no han vencido. Las unidades no vencidas constan de 29.126 unidades restringidas por tiempo y 47.020 unidades restringidas por rendimiento sujetas a condiciones de precio. El Formulario 4 indica que la venta se informó bajo un plan y fue firmada por un apoderado el 03/09/2025.
Sevalia Piyush B, SiTime Corporation(SITM) 마케팅 수석부사장은 2025-08-29에 보통주 2,000주를 주당 $242.66에 매도했다고 보고했습니다. 거래 후 보고자는 이전에 보고된 제한부주식단위(RSU) 및 성과기반 제한부주식단위를 포함하여 총 80,813주를 실질적으로 보유하고 있었습니다. 미확정 단위는 시간 기반 제한부주식단위 29,126주와 가격 성과 조건이 적용되는 성과 기반 제한부주식단위 47,020주로 구성됩니다. Form 4에는 해당 매도가 계획에 따라 보고되었으며 2025-09-03에 법적대리인이 서명했음이 기재되어 있습니다.
Sevalia Piyush B, EVP Marketing de SiTime Corporation (SITM), a déclaré la vente de 2 000 actions ordinaires le 29/08/2025 au prix de 242,66 $ par action. Après la transaction, le déclarant détenait à titre bénéficiaire 80 813 actions, dont 76 146 actions susceptibles d’être émises au titre d’unités d’actions restreintes et d’unités d’actions restreintes liées à la performance précédemment déclarées et non encore acquises. Les unités non acquises comprennent 29 126 unités restreintes à durée et 47 020 unités restreintes liées à la performance, soumises à des conditions de performance de prix. Le formulaire 4 indique que la vente a été déclarée dans le cadre d’un plan et a été signée par un mandataire le 03/09/2025.
Sevalia Piyush B, EVP Marketing von SiTime Corporation (SITM), meldete den Verkauf von 2.000 Stammaktien am 29.08.2025 zu $242,66 je Aktie. Nach der Transaktion hielt die meldende Person wirtschaftlich 80.813 Aktien, einschließlich 76.146 Aktien, die aus zuvor gemeldeten Restricted Stock Units (RSU) und performance-basierten RSUs stammen und noch nicht vestiert sind. Die nicht vestierten Einheiten bestehen aus 29.126 zeitbasierten RSUs und 47.020 performance-basierten RSUs, die an Preis-Leistungsbedingungen gebunden sind. Im Formular 4 wird angegeben, dass der Verkauf im Rahmen eines Plans gemeldet wurde und am 03.09.2025 von einem Bevollmächtigten unterzeichnet wurde.