Form 4: SiTime CEO Rajesh Vashist Sells $4.2 Million in Common Stock

SiTime Corp CEO Rajesh Vashist sold 20,000 shares of common stock on May 16, 2025, at an average price of $210.65 per share.

Summary

• Rajesh Vashist, CEO of SiTime Corp, sold 20,000 shares of common stock on May 16, 2025.
• The shares were sold at a weighted average price of $210.65, with individual transactions ranging from $209.00 to $212.00 per share.
• Following the transaction, Vashist directly owns 490,320 shares.
• Vashist also has indirect ownership through family trusts and an LLC.
• These include Aldebran Rajesh Family Dynasty Trust DTD 09/23/2021 (1,809 shares), Aldebran Rohini Family Dynasty Trust DTD 09/23/2021 (1,809 shares), and Aldebran Constellation LLC (24,781 shares).
• The direct holdings include 302,029 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by the CEO. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The information disclosed is consistent with regulatory requirements for insider trading reporting.
• Comparable companies such as Microchip Technology and Texas Instruments also have executives who regularly file Form 4s.

Stakeholder Impact

• The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the CEO's decision to sell shares.
• The sale does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

SiTime, Rajesh Vashist, Stock Sale, Form 4, Insider Trading, Beneficial Ownership, Securities