[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 4,886 shares of common stock on 08/20/2025 at $221.60 per share. After the transaction he beneficially owned 96,433 shares, which include 87,670 unvested units: 40,650 time‑based restricted stock units and 47,020 performance‑based restricted stock units that vest subject to price performance conditions.
The Form 4 indicates the sale was a non‑derivative disposition and the reporting relationship is an officer (Executive Vice President). The filing discloses the breakdown between vested shares sold and remaining direct beneficial ownership, with a large portion of total reported holdings represented by unvested awards tied to future vesting and performance criteria.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sold a small portion of holdings; majority of reported interest remains tied to unvested, performance‑linked awards.
The 4,886‑share sale at $221.60 reduces reported direct ownership to 96,433 shares, but ~91% of that figure reflects unvested RSUs and performance RSUs (87,670 units). From a market‑impact perspective this is routine insider liquidity rather than a material shift in alignment with shareholders because most economic exposure remains governed by unvested and performance‑based awards. Disclosure is complete on the vesting composition, allowing investors to evaluate potential future dilution and incentive alignment.
TL;DR: Transaction appears routine; significant portion of reported holdings remains subject to vesting and performance conditions.
The Form 4 clearly identifies the reporting person as an officer and discloses both time‑based and performance‑based unvested units (40,650 and 47,020 respectively). This structure underscores ongoing incentive alignment: substantial equity exposure is conditional on continued service and stock performance. The documented sale is a non‑derivative disposition and the filing meets Section 16 transparency expectations; there is no additional governance action disclosed.