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

Lionel Bonnot, Executive Vice President at SiTime Corp, sold 3,501 shares of common stock on February 24, 2025, at an average price of $174.25 per share.

Summary

• On February 24, 2025, Lionel Bonnot, an Executive Vice President at SiTime Corp, sold 3,501 shares of the company's common stock.
• The sale was executed at a weighted average price of $174.25 per share, with individual transaction prices ranging from $165.40 to $179.74.
• Following the transaction, Bonnot directly owns 87,940 shares of SiTime Corp, which includes 83,928 unvested restricted stock units and performance-based restricted stock units.
• The unvested units include 34,100 restricted stock units that vest over time, and 49,828 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard disclosure of an insider stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine disclosure of an insider stock sale, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.

Key Dates