SiTime (SITM) exec uses 9,630 shares at $598.81, holds 61,667
Rhea-AI Filing Summary
SITIME Corp (SITM) reported that Executive Vice President, Worldwide Sales and Business Development Lionel Bonnot had 9,630 shares of common stock withheld or delivered on August 20, 2026 to pay the option exercise price or related tax liability at $598.81 per share. After this transaction, he reported holding 61,667 shares directly, including 46,892 shares issuable from unvested restricted stock units and performance-based restricted stock units, of which 18,660 vest over time and 28,232 vest based on specified absolute and relative stock price performance.
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Insights
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Insider Trade Summary
Net Seller: 9,630 shares
Net Sell
1 txn
Insider
Bonnot Lionel
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F1 | 9,630 | $598.81 | $5.77M |
Holdings After Transaction:
Common Stock — 61,667 shares (Direct)
Footnotes (1)
- F1. Includes an aggregate of 46,892 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 18,660 restricted stock units that vest over time, and 28,232 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 withheld or delivered: 9,630 shares
Transaction price per share: $598.81 per share
Shares owned after transaction: 61,667 shares
+3 more
6 metrics
Shares withheld or delivered
9,630 shares
Shares used to pay exercise price or tax liability on August 20, 2026
Transaction price per share
$598.81 per share
Price applied to the 9,630-share exercise-price-or-tax-liability disposition
Shares owned after transaction
61,667 shares
Direct common stock holdings reported following the August 20, 2026 transaction
Unvested equity awards
46,892 shares
Shares issuable from unvested RSUs and performance-based RSUs included in post-transaction holdings
Time-based RSUs
18,660 RSUs
Restricted stock units that vest over time
Performance-based RSUs
28,232 RSUs
Performance-based restricted stock units vesting on absolute and relative stock price performance
Key Terms
restricted stock units, performance-based restricted stock units, absolute and relative price performance
3 terms
restricted stock units financial
"Includes an aggregate of 46,892 shares of common stock issuable pursuant to previously reported 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
"and performance-based restricted stock units that have not vested"
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"
FAQ
What did SITM executive Lionel Bonnot report in this Form 4 transaction?
Lionel Bonnot reported that 9,630 shares of SiTime common stock were withheld or delivered on August 20, 2026 to pay the exercise price or tax liability, at $598.81 per share, leaving him with 61,667 shares of direct holdings including unvested equity awards.
How many SITM unvested restricted stock units does Lionel Bonnot have?
Lionel Bonnot has unvested awards for 46,892 shares of SiTime common stock, consisting of 18,660 restricted stock units that vest over time and 28,232 performance-based restricted stock units that vest based on absolute and relative stock price performance.
Was Lionel Bonnot’s SITM Form 4 transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not checked, so this reported transaction was not affirmed as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.