Form 4: SiTime Corp Executive Piyush Sevalia Reports Stock Transaction

Piyush Sevalia, an executive at SiTime Corp, reported the disposition of 1,038 shares of common stock at a price of $157.64 on March 3, 2025.

Summary

• On March 3, 2025, Piyush Sevalia, EVP, Marketing of SiTime Corporation, disposed of 1,038 shares of common stock.
• The transaction was executed at a price of $157.64 per share.
• Following the transaction, Sevalia directly owns 92,847 shares of SiTime Corp.
• This includes 86,773 unvested shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units.
• 35,477 of these unvested units vest over time, while 51,296 vest based on the company's stock price performance.

Sentiment

Score: 5

Explanation: This is a neutral report of a stock transaction. The sentiment is neither positive nor negative as it simply reflects an insider's trading activity.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.

Stakeholder Impact

• The transaction may have a minor impact on shareholders, as insider transactions are often scrutinized for insights into a company's prospects.

Key Dates