Form 4: SiTime Corp Director Christine Heckart Reports Acquisition and Disposal of Common Stock

Christine Heckart, a director of SiTime Corp, reported acquiring 1,051 shares of common stock and disposing of shares, according to a Form 4 filing.

Summary

• On March 27, 2025, Christine Heckart, a director of SiTime Corp, reported a transaction involving the company's common stock.
• She acquired 1,051 shares of common stock at a price of $0.
• She also disposed of shares.
• Following the reported transactions, Heckart beneficially owns 9,705 shares of SiTime Corp common stock.
• The acquisition of 1,051 shares was related to a restricted stock unit award that vests fully on May 20, 2025.
• The reported holdings include 3,166 shares issuable pursuant to previously reported restricted stock units that have not vested.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of shares indicates continued alignment of the director's interests with the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, SiTime Corp, Director, Stock, Beneficial Ownership, Restricted Stock Units, SITM, Heckart