SiTime (SITM) Officer Sells 2,656 Shares at $221.60 — Form 4
SiTime Corporation (SITM) insider transaction summary: Executive Vice President Worldwide Sales and Business Development Lionel Bonnot reported a sale of 2,656 shares of SiTime common stock on 08/20/2025 at a reported price of $221.60 per share.
Rhea-AI Filing Summary
SiTime Corporation (SITM) insider transaction summary: Executive Vice President Worldwide Sales and Business Development Lionel Bonnot reported a sale of 2,656 shares of SiTime common stock on 08/20/2025 at a reported price of $221.60 per share. After the sale, the reporting person beneficially owned 79,923 shares, which include an aggregate of 73,484 unvested restricted stock units and performance-based restricted stock units (27,932 time-vesting RSUs and 45,552 performance-based RSUs tied to absolute and relative price performance). The Form 4 was filed individually and signed by an attorney-in-fact on 08/22/2025.
Positive
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Negative
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Insights
TL;DR: Officer sold a small number of shares while retaining significant equity largely in unvested RSUs.
The reported sale of 2,656 shares at $221.60 reduces the officer's direct holdings but leaves total beneficial ownership at 79,923 shares, principally comprised of 73,484 unvested units. The disclosure clarifies the composition of holdings between time-based and performance-based RSUs, which may affect future realized ownership depending strictly on vesting and performance hurdles. This is a routine insider sale with no additional transactional context provided.
TL;DR: Filing provides clear reporting of an officer sale and the nature of remaining equity holdings.
The Form 4 identifies the reporting person as an officer and describes the nature of indirect/unvested holdings, including performance conditions for a material portion of the units. The filing is complete in disclosing the mix of time-vested and performance-vested units; however, it does not include details on any trading plan or whether the sale was pre-scheduled. Based solely on the document, this appears to be a standard Section 16 disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,656 | $221.60 | $589K |
Footnotes (1)
- F1. Includes an aggregate of 73,484 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested. These unvested units include 27,932 restricted stock units that vest over time, and 45,552 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods.
FAQ
What insider transaction did Lionel Bonnot report on Form 4 for SITM?
What portion of the reported holdings are unvested RSUs?
How are the unvested units categorized in the filing?
What is the reporting person's role at SiTime?
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