Director Raman Chitkara sells 2,000 SiTime shares
SiTime Corp director Raman Chitkara sold 2,000 shares of Common Stock in an open-market transaction.
Rhea-AI Filing Summary
SiTime Corp director Raman Chitkara sold 2,000 shares of Common Stock in an open-market transaction. The shares were sold at a price of $727.38 per share. After this sale, he directly holds 19,898 shares, which include 390 unvested shares issuable under a restricted stock unit award.
Positive
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Negative
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Insights
Director executes a moderate open-market sale while retaining a substantial position.
Director Raman Chitkara sold 2,000 shares of SiTime Corp Common Stock in an open-market transaction at $727.38 per share. The filing categorizes this as a straightforward sale, not tied to derivative exercises or tax withholding.
Following the sale, Chitkara holds 19,898 shares directly, according to the filing. This figure includes 390 unvested shares issuable under a restricted stock unit award, indicating continued equity exposure and compensation alignment with shareholders.
The net effect is a reduction of his holdings but with a meaningful remaining stake. The filing does not reference any trading plan or additional derivative positions, so future filings would be needed to see whether this pattern continues.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $727.38 | $1.45M |
Footnotes (1)
- F1. 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
Key Terms
open-market sale financial
restricted stock unit financial
Form 4 regulatory
Common Stock financial
FAQ
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What insider transaction did SiTime (SITM) report for Raman Chitkara?
Does Raman Chitkara’s SiTime (SITM) holding include restricted stock units?
Was the SiTime (SITM) insider transaction a buy or a sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.