SiTime (SITM) director awarded 390 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kreindl Torsten reported acquisition or exercise transactions in this Form 4 filing.
SiTime Corp director Torsten Kreindl received an equity grant under the company’s compensation program. He was awarded 390 shares of Common Stock in the form of a restricted stock unit award at no cash cost.
The award vests fully on May 20, 2027. After this grant, Kreindl beneficially owns 13,531 shares of SiTime common stock, including the 390 unvested shares issuable under this restricted stock unit award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kreindl Torsten
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 390 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,531 shares (Direct, null)
Footnotes (1)
- Restricted stock unit award vests fully on May 20, 2027. Includes an aggregate of 390 shares of common stock issuable pursuant to the restricted stock unit award reported pursuant to this Form 4 that has not yet vested.
Key Figures
RSU grant size: 390 shares
Grant price: $0.00 per share
Post-grant holdings: 13,531 shares
+1 more
4 metrics
RSU grant size
390 shares
Restricted stock unit award of Common Stock
Grant price
$0.00 per share
Equity award, non-cash compensation
Post-grant holdings
13,531 shares
Total beneficial ownership after grant, including unvested RSUs
Vesting date
May 20, 2027
Full vesting of 390-share RSU award
Key Terms
restricted stock unit award, beneficially owns, Common Stock, Form 4
4 terms
restricted stock unit award financial
"Restricted stock unit award vests fully on May 20, 2027."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
beneficially owns financial
"Includes an aggregate of 390 shares of common stock issuable..."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Common Stock financial
"Includes an aggregate of 390 shares of common stock issuable..."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"issuable pursuant to the restricted stock unit award reported pursuant to this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SiTime (SITM) director Torsten Kreindl report?
Director Torsten Kreindl reported receiving a grant of 390 shares of SiTime Common Stock as a restricted stock unit award. The shares were awarded at no cash cost as part of his equity compensation and will vest in the future according to the grant’s schedule.
When do Torsten Kreindl’s newly granted SiTime (SITM) restricted stock units vest?
The 390-share restricted stock unit award granted to Torsten Kreindl vests fully on May 20, 2027. Until that date, the award remains unvested, and the underlying shares are issuable only upon vesting under the terms of SiTime’s equity compensation arrangement.
Was the SiTime (SITM) Form 4 transaction an open-market purchase or sale?
The Form 4 transaction was not an open-market trade. It reflects a grant or award acquisition of 390 restricted stock units at a price of $0.00 per share as part of director compensation, rather than a market purchase or sale of existing shares.
What type of security did SiTime (SITM) grant to director Torsten Kreindl?
SiTime granted Torsten Kreindl a restricted stock unit award covering 390 shares of Common Stock. These units represent the right to receive common shares in the future, subject to vesting, rather than immediate ownership of freely tradable stock at the grant date.