SiTime officer sells 1,500 shares in open market
SiTime Corp officer Lionel Bonnot reported open‑market sales of company stock.
Rhea-AI Filing Summary
SiTime Corp officer Lionel Bonnot reported open‑market sales of company stock. On June 11, 2026, he sold 1,000 shares of common stock at a price of $700.00 per share. On June 15, 2026, he sold an additional 500 shares at a weighted average price of $736.02 per share, with individual trades ranging from $735.12 to $736.18.
After these transactions, Bonnot directly holds 72,797 shares of SiTime common stock. This figure includes 65,813 shares issuable from previously reported unvested awards, consisting of 23,215 restricted stock units that vest over time and 42,598 performance-based restricted stock units that vest based on specified stock price performance over various periods.
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Insider Trade Summary
Net Seller: 1,500 shares
Net Sell
2 txns
Insider
Bonnot Lionel
Role
See Remarks
Sold
1,500 shs ($1.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $736.02 | $368K |
| Sale | Common Stock | 1,000 | $700.00 | $700K |
Holdings After Transaction:
Common Stock — 72,797 shares (Direct)
Footnotes (2)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $735.12 to $736.18 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. Includes an aggregate of 65,813 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 23,215 restricted stock units that vest over time, and 42,598 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.
Key Figures
Shares sold 2026-06-11: 1,000 shares at $700.00
Shares sold 2026-06-15: 500 shares at $736.02 (weighted avg.)
Total shares sold: 1,500 shares
+4 more
7 metrics
Shares sold 2026-06-11
1,000 shares at $700.00
Open-market sale of common stock on June 11, 2026
Shares sold 2026-06-15
500 shares at $736.02 (weighted avg.)
Open-market sale with prices $735.12–$736.18
Total shares sold
1,500 shares
Aggregate of June 11 and June 15, 2026 sales
Shares held after transactions
72,797 shares
Direct holdings of common stock following sales
Unvested equity awards
65,813 shares issuable
From previously reported restricted and performance-based stock units
Time-based RSUs
23,215 units
Restricted stock units that vest over time
Performance-based RSUs
42,598 units
Units vesting based on stock price performance over periods
Key Terms
weighted average price, restricted stock units, performance-based restricted stock units, absolute and relative price performance
4 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Includes an aggregate of 65,813 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"These unvested units include 23,215 restricted stock units that vest over time, and 42,598 performance-based restricted stock units that vest"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
absolute and relative price performance financial
"that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the sale prices for Lionel Bonnot’s SiTime (SITM) stock transactions?
Bonnot sold 1,000 shares at $700.00 per share and 500 shares at a weighted average of $736.02. The 500-share sale was executed in multiple trades between $735.12 and $736.18 per share.
What unvested equity awards does Lionel Bonnot have in SiTime (SITM)?
Bonnot’s holdings include 65,813 shares issuable from unvested equity awards. These consist of 23,215 time-based restricted stock units and 42,598 performance-based restricted stock units tied to absolute and relative stock price performance.
What does the weighted average price mean in Bonnot’s SiTime (SITM) stock sale?
The $736.02 weighted average price reflects multiple trades for the 500-share sale executed between $735.12 and $736.18. The company notes that full trade-by-trade detail is available upon request from investors or regulators.
AI-generated analysis. How Rhea-AI works. Not financial advice.
