Form 4: SiTime Corp Executive Vice President Fariborz Assaderaghi Reports Stock Sale

Fariborz Assaderaghi, Executive Vice President of Engineering & Technology at SiTime Corp, reported the sale of 1,288 shares of common stock on March 27, 2024.

Summary

• On March 27, 2024, Fariborz Assaderaghi, an Executive Vice President at SiTime Corp, sold 1,288 shares of the company's common stock.
• The sales were executed in two transactions at prices of $91.05 and $90.10 per share.
• Following the reported transactions, Assaderaghi directly owns 111,491 shares of SiTime Corp.
• This includes 105,892 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased selling pressure.

Key Dates