Form 4: SiTime Corp Executive Vice President Lionel Bonnot Sells 808 Shares

Lionel Bonnot, Executive Vice President at SiTime Corp, sold 808 shares of common stock on September 18, 2024, at a price of $160 per share.

Summary

• On September 18, 2024, Lionel Bonnot, an Executive Vice President at SiTime Corp, sold 808 shares of the company's common stock.
• The sale was executed at a price of $160 per share.
• Following the transaction, Bonnot directly owns 86,717 shares of SiTime Corp.
• This includes 81,807 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: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event. The sentiment is therefore considered neutral.

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 sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares and the executive's remaining holdings.

Key Dates