SITIME Corp (SITM) EVP Lionel Bonnot sells 1,500 shares, retains large RSU stake
Rhea-AI Filing Summary
SITIME Corp executive Lionel Bonnot, Executive Vice President of Worldwide Sales and Business Development, reported a sale of 1,500 shares of Common Stock on 2026-08-10 at $725.00 per share in an open-market or private transaction. Following this sale, he directly held 71,297 shares, which include 65,813 shares issuable from unvested restricted stock units and performance-based restricted stock units. These unvested units comprise 23,215 time-based RSUs and 42,598 performance-based RSUs that vest based on absolute and relative stock price performance over various periods.
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Insights
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Insider Trade Summary
Net Seller: 1,500 shares
Net Sell
1 txn
Insider
Bonnot Lionel
Role
See Remarks
Sold
1,500 shs ($1.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,500 | $725.00 | $1.09M |
Holdings After Transaction:
Common Stock — 71,297 shares (Direct)
Footnotes (1)
- F1. Includes an aggregate of 65,813 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 23,215 restricted stock units that vest over time, and 42,598 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 sold: 1,500 shares
Sale price per share: $725.00 per share
Shares held after transaction: 71,297 shares
+3 more
6 metrics
Shares sold
1,500 shares
Common Stock sale on 2026-08-10
Sale price per share
$725.00 per share
Price for 1,500 Common Stock shares sold
Shares held after transaction
71,297 shares
Direct Common Stock holdings following sale
Unvested equity awards
65,813 shares
Shares issuable from unvested RSUs and performance-based RSUs included in holdings
Time-based RSUs
23,215 units
Restricted stock units that vest over time
Performance-based RSUs
42,598 units
Units that vest based on absolute and relative stock price performance
Key Terms
restricted stock units, performance-based restricted stock units, vest, absolute and relative price performance
4 terms
restricted stock units financial
"Includes an aggregate of 65,813 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.
vest financial
"23,215 restricted stock units that vest over time, and 42,598 performance-based restricted stock units that vest"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
absolute and relative price performance financial
"that vest based on certain absolute and relative price performance of the issuer's common stock"
FAQ
What insider transaction did SITM executive Lionel Bonnot report?
Lionel Bonnot reported a sale of 1,500 shares of SITIME Corp Common Stock on 2026-08-10 at $725.00 per share, described as a sale in an open-market or private transaction.
How many unvested SITM stock units are included in Lionel Bonnot’s holdings?
Bonnot’s post-transaction holdings include 65,813 shares issuable from unvested awards: 23,215 time-based restricted stock units and 42,598 performance-based restricted stock units tied to stock price performance.
What type of equity awards does SITM executive Lionel Bonnot hold?
He holds restricted stock units (RSUs) that vest over time and performance-based restricted stock units that vest based on absolute and relative price performance of SITIME Corp’s common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.