Form 4: SiTime Corp Executive Vice President Fariborz Assaderaghi Reports Stock Sale
SEC Form 4 Filing
Fariborz Assaderaghi, Executive Vice President of Engineering & Technology at SiTime Corp, reported the sale of 1,267 shares of common stock on March 5, 2025.
Summary
- On March 5, 2025, Fariborz Assaderaghi, an Executive Vice President at SiTime Corp, sold 1,267 shares of common stock at a price of $180 per share.
- Following the transaction, Assaderaghi directly owns 114,851 shares of SiTime Corp.
- This includes 106,896 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially signaling a lack of confidence from the executive, although the amount is relatively small.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of stock transaction |
| 03/07/2025 | Date of signature |
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