Form 4: SiTime Corp Executive Vice President Lionel Bonnot Sells 781 Shares of Common Stock
SEC Form 4 Filing
Lionel Bonnot, Executive Vice President at SiTime Corp, sold 781 shares of common stock on May 9, 2024, at a weighted average price of $117.08 per share.
Summary
- On May 9, 2024, Lionel Bonnot, an Executive Vice President at SiTime Corp, sold 781 shares of the company's common stock.
- The sale was executed at a weighted average price of $117.08 per share, with individual transaction prices ranging from $111.23 to $120.00.
- Following the transaction, Bonnot directly owns 98,299 shares of SiTime Corp, which includes 85,110 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of the stock sale transaction. |
| 05/13/2024 | Date of signature by Attorney-in-fact. |
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