Form 4: SiTime Corp Executive Samsheer Ahamad Reports Stock Transactions
SEC Form 4
Samsheer Ahamad, SVP Finance and Chief Accounting Officer of SiTime Corp, reports a gift, sale, and tax withholding of company stock.
Summary
- On May 19, 2025, Samsheer Ahamad gifted 1,500 shares of SiTime Corp common stock to Stifel Charitable Inc, FBO the Ahamad Family Foundation.
- On May 20, 2025, Ahamad sold 7,728 shares of common stock at a weighted average price of $207.41.
- Also on May 20, 2025, 2,074 shares were disposed of for tax withholding purposes at a price of $206.54.
- Following these transactions, Ahamad beneficially owns 76,021 shares of SiTime Corp common stock, which includes 31,440 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Executive stock transactions are a common occurrence and are closely watched by investors for insights into management's perspective on the company's valuation and future prospects. This filing is a routine disclosure of such transactions.
Comparison to Industry Standards
- Executive stock sales are a normal part of executive compensation, especially in publicly traded companies like SiTime Corp.
- Comparable companies such as Microchip Technology and Texas Instruments also have executives who regularly report stock transactions.
- The size and frequency of these transactions are generally in line with industry standards for executives at similar levels.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market.
- The gift to the Ahamad Family Foundation may have a positive impact on the community supported by the foundation.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Reporting person made a bona fide gift for donation purposes of 1,500 shares of the Issuer's common stock to Stifel Charitable Inc, FBO the Ahamad Family Foundation. |
| 05/20/2025 | Reporting person sold 7,728 shares of common stock at $207.41. |
| 05/20/2025 | 2,074 shares were disposed of for tax withholding purposes at $206.54. |
| 05/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Sitime Corp, Samsheer Ahamad, Stock Sale, Form 4, Beneficial Ownership, Stock Gift, Executive Compensation, Stock Transactions
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