Form 4: SiTime Corp Executive Piyush B Sevalia Reports Stock Disposal
SEC Form 4 Filing
Piyush B Sevalia, an executive at SiTime Corp, reported disposing of 2,702 shares of common stock on May 20, 2025.
Summary
- On May 20, 2025, Piyush B Sevalia, an executive at SiTime Corp, disposed of 2,702 shares of common stock at a price of $206.54 per share.
- Following the transaction, Sevalia directly owns 88,877 shares of SiTime Corp.
- The reported holdings include 81,460 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock disposal transaction |
| 05/21/2025 | Date of signature by Attorney-in-fact |
Keywords
Form 4, SiTime Corp, Stock Disposal, Piyush B Sevalia, Executive, SITM, Securities
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