SiTime (NASDAQ: SITM) director sells 710 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SITIME Corp director Torsten Kreindl reported an open-market sale of company stock. On May 21, 2026, he sold 710 shares of SITIME Corp common stock at a price of $720.00 per share. After this transaction, he continues to directly own 13,141 shares of the company’s common stock, indicating he still holds a meaningful ongoing stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 710 shares ($511,200)
Net Sell
1 txn
Insider
Kreindl Torsten
Role
null
Sold
710 shs ($511K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 710 | $720.00 | $511K |
Holdings After Transaction:
Common Stock — 13,141 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 710 shares
Sale price: $720.00 per share
Shares held after: 13,141 shares
3 metrics
Shares sold
710 shares
Open-market sale of common stock on May 21, 2026
Sale price
$720.00 per share
Reported transaction price for the May 21, 2026 sale
Shares held after
13,141 shares
Direct ownership following the reported transaction
Key Terms
open-market sale, Common Stock, Form 4, transaction code S
4 terms
open-market sale financial
"The transaction action is described as an open-market sale of common stock."
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.
Common Stock financial
"The security title involved in the transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The insider transaction is reported on SEC Form 4 for SITIME Corp."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code S financial
"Transaction code S indicates a sale in open market or private transaction."
FAQ
What insider transaction did SITM director Torsten Kreindl report on this Form 4?
Director Torsten Kreindl reported an open-market sale of SITIME Corp common stock. He sold 710 shares on May 21, 2026 at a price of $720.00 per share, according to the Form 4 insider trading report.
Was the SITM insider transaction classified as a buy or a sell?
The SITIME Corp insider transaction was classified as a sell. The Form 4 identifies it as an open-market sale of common stock, with the transaction code S and the direction labeled as a sale of 710 shares.
Does the SITM Form 4 involve derivatives or only common stock?
The SITIME Corp Form 4 involves only common stock. The transaction summary shows a single non-derivative trade in common shares, with no derivative exercises, options, or other derivative securities reported in this particular filing.