SiTime (SITM) director Heckart sells 1,290 shares and reports 9,305 held via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SITIME Corp director Christine Heckart reported an open-market sale of 1,290 shares of Common Stock at $700.00 per share. The transaction occurred on June 2, 2026 and left her with 790 shares held directly. She also has 9,305 shares held indirectly through the H D & Christine Heckart 2014 Family Trust, where she has voting and investment power over the shares. Footnotes note that this indirect position includes 390 shares issuable under a restricted stock unit award that has not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,290 shares ($903,000)
Net Sell
2 txns
Insider
Heckart Christine
Role
null
Sold
1,290 shs ($903K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,290 | $700.00 | $903K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 790 shares (Direct, null);
Common Stock — 9,305 shares (Indirect, See Footnote)
Footnotes (1)
- 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. The reportable securities are owned directly by H D & Christine Heckart 2014 Fam Trust UAD 2/14/2014, of which the Reporting Person is one of the managers and has voting and investment power over the shares
Key Figures
Shares sold: 1,290 shares
Sale price: $700.00 per share
Direct holdings after sale: 790 shares
+2 more
5 metrics
Shares sold
1,290 shares
Open-market sale of Common Stock on June 2, 2026
Sale price
$700.00 per share
Execution price for 1,290-share sale
Direct holdings after sale
790 shares
Total Common Stock held directly following transaction
Indirect holdings
9,305 shares
Common Stock held via H D & Christine Heckart 2014 Family Trust
Unvested RSUs included
390 shares
Shares issuable under restricted stock unit award not yet vested
Key Terms
open-market sale, restricted stock unit award, indirect ownership, voting and investment power
4 terms
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock unit award financial
"shares of common stock issuable pursuant to the restricted stock unit award"
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.
indirect ownership financial
"The reportable securities are owned directly by H D & Christine Heckart 2014 Fam Trust"
voting and investment power financial
"the Reporting Person is one of the managers and has voting and investment power over the shares"
FAQ
What insider transaction did SITM director Christine Heckart report?
Director Christine Heckart reported an open-market sale of 1,290 shares of SiTime (SITM) Common Stock. The sale was executed at $700.00 per share on June 2, 2026, as disclosed in the Form 4 insider trading report.
What indirect holdings in SITM does Christine Heckart report?
She reports 9,305 SiTime (SITM) shares held indirectly through the H D & Christine Heckart 2014 Family Trust. The Form 4 notes she is a manager of the trust and has voting and investment power over these shares.
Does the SITM Form 4 include any restricted stock units for Christine Heckart?
Yes. A footnote states that indirect holdings include 390 shares of SiTime (SITM) Common Stock issuable under a restricted stock unit award that has not yet vested, as reported in connection with this Form 4 filing.