SiTime (NASDAQ: SITM) insider sells 4,126 shares in market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiTime Corp executive Lionel Bonnot reported multiple transactions in company common stock. He completed open‑market sales totaling 4,126 shares on February 23–24, 2026 at weighted average prices around $406.48–$411.35 per share, with individual trades ranging from $398.48 to $410.40.
In addition, 3,869 shares were disposed of on February 20, 2026 to cover tax obligations through a share withholding transaction. After these moves, Bonnot directly held 80,274 shares of common stock. Footnote disclosure states he also has 77,553 unvested restricted stock and performance-based units, including 27,772 time‑vesting units and 49,781 units that vest based on the stock’s absolute and relative price performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,126 shares ($1,678,076)
Net Sell
3 txns
Insider
Bonnot Lionel
Role
See Remarks
Sold
4,126 shs ($1.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,933 | $406.48 | $1.60M |
| Sale | Common Stock | 193 | $411.35 | $79K |
| Tax Withholding | Common Stock | 3,869 | $406.97 | $1.57M |
Holdings After Transaction:
Common Stock — 80,274 shares (Direct)
Footnotes (1)
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $398.48 to $410.40 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. Includes an aggregate of 77,553 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 27,772 restricted stock units that vest over time, and 49,781 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 transactions did SiTime (SITM) executive Lionel Bonnot report?
Lionel Bonnot reported open-market sales of 4,126 SiTime shares on February 23–24, 2026, plus a 3,869-share tax-withholding disposition on February 20, 2026. All transactions involved SiTime common stock held directly.
What portion of the SiTime (SITM) insider’s transactions were for tax withholding?
On February 20, 2026, 3,869 shares of SiTime common stock were disposed of as a tax-withholding transaction. The Form 4 identifies this as a code F disposition, meaning shares were delivered to satisfy tax obligations rather than sold in the open market.
What unvested equity awards does the SiTime (SITM) insider still have?
Footnotes disclose Bonnot holds 77,553 unvested units, including 27,772 restricted stock units vesting over time and 49,781 performance-based units. The performance awards vest only if SiTime’s stock meets specified absolute and relative price performance conditions over defined periods.
Is the SiTime (SITM) insider sale described as open-market or private?
The Form 4 describes Bonnot’s two sale transactions as open-market or private transactions under code S. The filing also clarifies that reported prices are weighted averages across multiple trades within specified price ranges for SiTime common stock.