SCHEDULE: FMR LLC Discloses 15% Stake in SiTime Corp

FMR LLC, through its subsidiaries, has reported beneficial ownership of 15.0% of SiTime Corp's common stock as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson, through various subsidiaries and affiliates (collectively, the "FMR Reporters"), have filed a Schedule 13G, indicating their beneficial ownership of SiTime Corp's common stock.
• As of March 31, 2026, the FMR Reporters collectively beneficially owned 3,944,935.57 shares of SiTime Corp's common stock.
• This represents 15.0% of the total outstanding shares of the class of securities.
• FMR LLC is identified as a "HC" (Holding Company) type of reporting person, while Abigail P. Johnson is identified as an "IN" (Investment Company) type.
• The filing indicates that while FMR LLC has sole voting power over 3,939,180.08 shares, the aggregate beneficial ownership is 3,944,935.57 shares with sole dispositive power.
• Abigail P. Johnson, who is a Director, Chairman, and CEO of FMR LLC, may be deemed to control FMR LLC along with other Series B shareholders through a voting agreement.
• The filing clarifies that no single other person's interest in SiTime Corp's common stock exceeds five percent of the total outstanding shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports ownership stakes and does not provide performance metrics or strategic updates for SiTime Corp.

Positives

• Significant institutional ownership by FMR LLC, indicating confidence in SiTime Corp's business.
• Clear disclosure of beneficial ownership, providing transparency to the market.

Negatives

• The filing does not contain specific financial performance data for SiTime Corp, focusing solely on ownership stakes.

Risks

• Potential for future changes in FMR LLC's ownership stake, which could impact SiTime Corp's stock price.
• The concentration of ownership among a few entities could influence corporate governance decisions.

Future Outlook

This filing is primarily an ownership disclosure and does not contain forward-looking statements or guidance regarding SiTime Corp's future performance.

Management Comments

• "This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters")."
• "Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC."
• "Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC."
• "Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC."

Industry Context

StockSavvy.ai notes that significant ownership filings by large investment firms like FMR LLC are common and often indicate a substantial belief in the long-term prospects of the company, especially in the semiconductor and timing technology sector where SiTime Corp operates.

Stakeholder Impact

• Shareholders: The substantial stake held by FMR LLC may influence stock liquidity and potentially corporate governance decisions.
• Management: The presence of a large institutional investor like FMR LLC can bring increased scrutiny and expectations regarding performance and strategy.
• Competitors: This filing provides insight into the significant backing SiTime Corp has from major financial institutions.

Next Steps

• Monitor future filings by FMR LLC for any changes in their ownership stake in SiTime Corp.
• Observe SiTime Corp's operational and financial performance to assess the implications of this significant institutional ownership.

Key Dates

Keywords

SiTime Corp, FMR LLC, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Abigail P. Johnson