Torsten Kreindl sells 1,050 SiTime Corp (SITM) shares at over $700
Rhea-AI Filing Summary
SiTime Corp director Torsten Kreindl reported two open-market sales of common stock on August 7, 2026. He sold 350 shares at $735.00 per share and 700 shares at $715.00 per share, totaling 1,050 shares. Following these transactions, his reported holdings include 390 shares issuable under unvested restricted stock units.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 1,050 shares
Net Sell
2 txns
Insider
Kreindl Torsten
Role
Director
Sold
1,050 shs ($758K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 350 | $735.00 | $257K |
| Sale | Common Stock F1 | 700 | $715.00 | $501K |
Holdings After Transaction:
Common Stock — 12,481 shares (Direct)
Footnotes (1)
- F1. 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, first transaction: 350 shares
Price per share, first sale: $735.00
Shares sold, second transaction: 700 shares
+3 more
6 metrics
Shares sold, first transaction
350 shares
Common stock sale on August 7, 2026 at $735.00 per share
Price per share, first sale
$735.00
Per-share price for 350 SiTime common shares sold on August 7, 2026
Shares sold, second transaction
700 shares
Common stock sale on August 7, 2026 at $715.00 per share
Price per share, second sale
$715.00
Per-share price for 700 SiTime common shares sold on August 7, 2026
Unvested RSU shares included in holdings
390 shares
Shares issuable under restricted stock unit award that has not yet vested
Total shares sold
1,050 shares
Aggregate of both common stock sales reported for August 7, 2026
Key Terms
restricted stock unit, non-derivative, open market or private transaction
3 terms
restricted stock unit financial
"Includes an aggregate of 390 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.
non-derivative financial
"transaction_type: non-derivative for the reported common stock sales"
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did SiTime (SITM) report for Torsten Kreindl?
Torsten Kreindl reported two sales totaling 1,050 SiTime shares on August 7, 2026, consisting of 350 shares at $735.00 and 700 shares at $715.00 per share, all in common stock.
Does Torsten Kreindl still hold unvested SiTime (SITM) equity after these sales?
Yes. After these transactions, his reported holdings include 390 shares issuable under a restricted stock unit award that has not yet vested, according to the filing footnote.
Were Torsten Kreindl’s SiTime (SITM) stock sales under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan trade. The document does not state that these August 7, 2026 transactions were made under a pre-arranged trading plan.