SiTime executive sells 1,249 shares in open market
SiTime Corp officer Piyush B. Sevalia reported an open-market sale of 1,249 shares of common stock at $375.00 per share.
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Rhea-AI Filing Summary
SiTime Corp officer Piyush B. Sevalia reported an open-market sale of 1,249 shares of common stock at $375.00 per share. After this transaction, he directly holds 87,916 shares.
A footnote explains that this holding includes 81,486 shares underlying unvested restricted stock units and performance-based restricted stock units, with 29,486 time-based units and 52,000 units tied to stock price performance over various periods.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,249 | $375.00 | $468K |
Footnotes (1)
- F1. Includes an aggregate of 81,486 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 29,486 restricted stock units that vest over time, and 52,000 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SiTime (SITM) report for Piyush B. Sevalia?
What unvested equity awards does Piyush B. Sevalia have at SiTime (SITM)?
Was the SiTime (SITM) insider transaction a market sale or an option exercise?
Does the SiTime (SITM) Form 4 show any derivative or option positions for Piyush B. Sevalia?
AI-generated analysis. How Rhea-AI works. Not financial advice.