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.
SiTime Corporation submitted a notice of a proposed sale of 500 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares are expected to be sold on August 11, 2026 on NASDAQ and arise from restricted stock vesting on May 20, 2026 under a registered compensation plan.
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.
Lionel Fabrice Bonnot filed to potentially sell shares of SiTime Corporation common stock under Rule 144. The planned sale involves 1,500 common shares held through Morgan Stanley Smith Barney LLC Executive Financial Services, with a stated aggregate value of $1,087,500.00 and CUSIP 30071036, dated August 10, 2026. These 1,500 shares arise from restricted stock vesting on May 20, 2026 under a registered compensation plan. Over the prior three months, Bonnot reported selling 500 common shares on June 15, 2026 for $367,982.71 and 1,000 common shares on June 11, 2026 for $699,949.58.
SiTime Corporation affiliate TORSTEN G KREINDL filed to sell up to 1,050 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate value of 757,750.00, targeting August 7, 2026 on NASDAQ. The filing also reports earlier sales over the last three months and lists prior restricted stock grants from the issuer.
SiTime Corporation reported sharply improved results for the quarter ended June 30, 2026, with revenue of $157.4 million, up 127% year over year, driven mainly by demand from AI and datacenter applications. Net income was $18.2 million, versus a $20.2 million loss a year earlier, and gross margin expanded to 63.0% from 51.9% as higher volumes and a favorable product mix more than offset increased manufacturing costs.
For the first six months of 2026, revenue rose 109% to $271.0 million and net income reached $12.9 million. Operating expenses increased 50% in the quarter, reflecting higher headcount, sales commissions, and $8.5 million of acquisition-related costs tied to buying Renesas’ timing business.
Cash and cash equivalents were $1.9 billion and total assets $2.5 billion at June 30, 2026, supported by issuing $1.35 billion of 0% Convertible Senior Notes due 2031. These notes provided part of the $1.5 billion cash consideration and 3,558,691 shares used for the Renesas timing acquisition, completed July 1, 2026. Total liabilities were $1.5 billion, and shares outstanding were 30,071,036 as of August 1, 2026.
SiTime Corporation reported strong second-quarter 2026 results, with net revenue of $157.4 million, up 127% from the year-ago quarter. GAAP gross margin was 63.0% and non-GAAP gross margin was 67.1%. Management noted that every segment grew by at least 50%, led by CED at 181%.
GAAP net income was $18.2 million, or $0.66 diluted EPS, compared with a net loss of $20.2 million, or $(0.84) diluted EPS, a year earlier. Non-GAAP net income was $65.6 million, or $2.34 diluted EPS, and non-GAAP income from operations was $53.5 million, 34.0% of revenue.
Cash, cash equivalents and short-term investments totaled $1,921 million as of June 30 2026, and the balance includes net proceeds from a convertible senior notes offering used to fund the acquisition of Renesas’ Timing Business, completed July 1 and adding over 550 clocking products. SiTime also granted 109,689 inducement RSUs to 168 new hires under its Amended and Restated 2022 Inducement Award Plan.
Vanguard Portfolio Management LLC, together with specified Vanguard affiliates, reports beneficial ownership of 1,218,908 shares of SiTime Corp common stock, representing 4.61% of the outstanding class.
Vanguard has sole voting power over 6,756 shares and sole dispositive power over 1,218,908 shares, with no shared voting or dispositive power. Dividends and sale proceeds are attributable to Vanguard-managed investment companies and other managed accounts, and no other single person has an interest in more than 5% of the securities reported.
BlackRock, Inc. filed an Amendment No. 7 Schedule 13G reporting its beneficial ownership of common stock of SITIME CORP. As of June 30, 2026, BlackRock reported beneficial ownership of 2,191,227 shares of SITIME common stock, representing 8.3% of the class.
BlackRock reported sole voting power over 2,127,879 shares and sole dispositive power over 2,191,227 shares, with no shared voting or dispositive power. The filing notes that various underlying clients have rights to dividends or sale proceeds, but no single client’s interest exceeds five percent of SITIME’s outstanding common shares.
SITIME Corp filed an initial ownership report showing that Renesas Electronics America Inc. holds 3,558,691 shares of SiTime common stock. Renesas Electronics Corporation, as the sole shareholder of Renesas Electronics America Inc., may be deemed to indirectly beneficially own these shares through its subsidiary.