Form 4: SiTime Corp CFO Elizabeth Howe Disposes of Shares to Cover Tax Obligations
SEC Form 4
Elizabeth A. Howe, EVP and CFO of SiTime Corp, disposed of 249 shares of common stock on May 20, 2024, to cover tax obligations.
Summary
- On May 20, 2024, Elizabeth A. Howe, the EVP and Chief Financial Officer of SiTime Corp, disposed of 249 shares of common stock.
- The transaction was executed at a price of $130.87 per share.
- Following the transaction, Howe directly owns 75,577 shares of SiTime Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for executives to sell shares to cover tax obligations related to vesting equity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of the transaction where Elizabeth A. Howe disposed of shares. |
| 05/22/2024 | Date of signature for the Form 4 filing. |
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