SITM.NASDAQSitime CORP

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

Sentiment:

SEC Form 4 Filing


Fariborz Assaderaghi, Executive Vice President of Engineering & Technology at SiTime Corp, reported the sale of 1,268 shares of common stock at a price of $184.92 per share on May 8, 2025.

Summary

  • On May 8, 2025, Fariborz Assaderaghi, an Executive Vice President at SiTime Corp, sold 1,268 shares of common stock.
  • The sale price was $184.92 per share.
  • Following the transaction, Assaderaghi directly owns 112,316 shares of SiTime Corp.
  • The reported holdings include 106,896 unvested restricted stock units and performance-based restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company executives.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common occurrence.

Key Dates

DateDescription
05/08/2025Date of stock sale transaction
05/09/2025Date of signature by Attorney-in-fact

Keywords

Form 4, SiTime Corp, Stock Sale, Insider Trading, Executive Vice President, Fariborz Assaderaghi, SITM

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