SiTime (SITM) executive granted new restricted and performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiTime Corporation Executive Vice President, Worldwide Sales and Business Development Lionel Bonnot reported multiple equity awards of common stock on February 10, 2026. These awards were granted at a price of $0 per share as restricted stock units and performance-based restricted stock units.
The transactions covered grants of 1,801, 5,473, 4,229 and 4,229 shares, all classified as acquisitions rather than open-market purchases. Following these awards, Bonnot beneficially owned 88,269 shares of common stock, including 85,485 shares issuable from unvested restricted and performance-based stock units with various time- and performance-based vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Bonnot Lionel
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,801 | $0.00 | -- |
| Grant/Award | Common Stock | 5,473 | $0.00 | -- |
| Grant/Award | Common Stock | 4,229 | $0.00 | -- |
| Grant/Award | Common Stock | 4,229 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 74,338 shares (Direct)
Footnotes (1)
- Restricted stock unit award under the Executive Bonus and Retention Plan vesting 50% of the shares on May 20, 2026 and 50% on August 20, 2026. Additional shares being granted upon the achievement of performance criteria for performance-based restricted stock units (PRSUs) initially granted on March 15, 2024. The total 10,946 shares granted under this PRSU award will vest on February 20, 2027. Restricted stock unit award vesting 6.25% of the shares on February 20, 2026 and quarterly thereafter. Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The PRSUs vest upon achievement of certain levels of relative total stockholder return over a performance period of three years by SiTime. Includes an aggregate of 85,485 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 35,704 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 transaction did SiTime (SITM) report for Lionel Bonnot?
Lionel Bonnot reported acquiring SiTime common stock through equity awards on February 10, 2026. The filing shows grants of 1,801, 5,473, 4,229 and 4,229 shares, all at a grant price of $0 per share as stock unit awards.
Were Lionel Bonnot’s SiTime (SITM) stock transactions open-market buys or grants?
The transactions were grants, not open-market purchases. All four entries are coded as acquisitions related to awards of restricted stock units and performance-based restricted stock units, with a reported price of $0 per share rather than cash purchases in the market.
What types of equity awards did SiTime (SITM) grant to Lionel Bonnot?
Bonnot received restricted stock units and performance-based restricted stock units. One award comes under the Executive Bonus and Retention Plan, others are time-based RSUs and PRSUs tied to relative total stockholder return over a three-year performance period, each converting into common shares upon vesting.
When do Lionel Bonnot’s new SiTime (SITM) stock units vest?
One restricted stock unit award vests 50% on May 20, 2026 and 50% on August 20, 2026. Additional PRSU shares vest on February 20, 2027, while another RSU award vests 6.25% on February 20, 2026 and then quarterly thereafter, subject to terms.
What performance conditions affect SiTime (SITM) performance-based stock units?
Each performance-based restricted stock unit represents a right to one share of SiTime common stock. These PRSUs vest only upon achieving specified levels of relative total stockholder return and other absolute and relative stock price performance measures over defined multi-year performance periods.