SiTime (NASDAQ: SITM) director sells 695 shares near $700–$750
Rhea-AI Filing Summary
SITIME Corp (SITM) director Torsten Kreindl reported open-market sales of company common stock. On 2026-08-17, he sold 345 shares at a weighted average price of $750.12 per share, in multiple trades between $750.00 and $750.47. On 2026-08-14, he sold 350 shares at $700.00 per share. A disclosed share balance includes 390 unvested restricted stock units.
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Insights
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Insider Trade Summary
Net Seller: 695 shares
Net Sell
2 txns
Insider
Kreindl Torsten
Role
Director
Sold
695 shs ($504K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 345 | $750.12 | $259K |
| Sale | Common Stock | 350 | $700.00 | $245K |
Holdings After Transaction:
Common Stock — 11,786 shares (Direct)
Footnotes (2)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $750.00 to $750.47 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.
- F2. 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
Shares sold 2026-08-17: 345 shares
Weighted average sale price 2026-08-17: $750.12 per share
Sale price 2026-08-14: $700.00 per share
+3 more
6 metrics
Shares sold 2026-08-17
345 shares
Open-market sale of SITIME Corp common stock
Weighted average sale price 2026-08-17
$750.12 per share
Multiple trades between $750.00 and $750.47 per share
Sale price 2026-08-14
$700.00 per share
Open-market sale of 350 shares of common stock
Shares sold 2026-08-14
350 shares
Open-market sale of SITIME Corp common stock
Total shares sold in reported period
695 shares
Transaction summary across both reported sales
Unvested RSUs included in holdings
390 shares
Common stock issuable under restricted stock unit award not yet vested
Key Terms
weighted average price, restricted stock unit, open market or private transaction
3 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock unit financial
"shares of common stock issuable pursuant to the restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transactions did SITM director Torsten Kreindl report?
Torsten Kreindl reported two sales totaling 695 SITIME Corp (SITM) shares. He sold 345 shares on 2026-08-17 at a weighted average $750.12, and 350 shares on 2026-08-14 at $700.00 per share in open-market transactions.
What does the weighted average price disclosure mean for the SITM sale?
For the 2026-08-17 transaction, the $750.12 price is a weighted average. The shares were sold in multiple individual trades at prices between $750.00 and $750.47, and detailed trade-by-trade pricing is available upon request from the reporting person.
Does Torsten Kreindl hold any unvested SITM equity after these transactions?
A reported share balance includes 390 unvested restricted stock units of SITIME Corp (SITM) common stock. These RSUs were awarded under an equity plan and have not yet vested, so the underlying shares are issuable in the future, subject to vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.