[Form 4] SiTime Corporation Insider Trading Activity
Rhea-AI Filing Summary
SiTime Corporation Chief Executive Officer and director Rajesh Vashist reported the sale of 2,000 shares of SiTime common stock on 09/02/2025 at a weighted-average price of $232 per share. After the sale he beneficially owns 463,208 shares directly, and additionally has indirect ownership of shares held by two family dynasty trusts and an LLC. The filing discloses 280,158 shares issuable under previously reported restricted stock units and performance-based restricted stock units that have not vested, including 77,605 time-vesting RSUs and 202,553 performance-based RSUs subject to price performance conditions.
Positive
- Significant retained ownership: reporting person continues to beneficially own 463,208 shares after the sale
- Substantial unvested equity: 280,158 RSUs (77,605 time-based; 202,553 performance-based) remain outstanding, aligning incentives with long-term performance
- Clear disclosure: filing provides weighted-average sale price and price range for the reported transactions
Negative
- Insider sale: CEO and director sold 2,000 shares, which may be perceived negatively by some investors despite its small relative size
Insights
Insider sold a small portion of holdings while retaining substantial direct and indirect ownership, plus significant unvested performance awards.
The 2,000-share sale represents a de minimis reduction relative to the total reported beneficial ownership (463,208 shares). The filing documents continued alignment through large unvested awards (280,158 RSUs) that include both time-based and performance-based components, indicating long-term incentive structures remain in place. The disclosure also shows indirect holdings via family trusts and an LLC, which centralizes voting and investment power with the reporting person.
Transaction is routine insider sale; material impact on capitalization or control is unlikely given remaining holdings and unvested awards.
The sale was executed at a weighted-average price of $232 per share across multiple transactions priced between $231.00 and $233.00. Post-transaction direct beneficial ownership is 463,208 shares, and significant unvested equity (280,158 RSUs) remains outstanding. This filing appears to be a standard Section 16 report documenting an insider sale and the composition of direct and indirect holdings.