[Form 4] SiTime Corporation Insider Trading Activity
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
- None.
Negative
- None.
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.