Form 4: SiTime Corp Executive Vice President Lionel Bonnot Sells Shares
SEC Form 4
Lionel Bonnot, Executive Vice President at SiTime Corp, sold 819 shares of common stock at an average price of $125.84 on May 22, 2024.
Summary
- On May 22, 2024, Lionel Bonnot, an Executive Vice President at SiTime Corp, sold 819 shares of the company's common stock.
- The shares were sold at a weighted average price of $125.84, with individual transactions ranging from $125.78 to $125.98 per share.
- Following the transaction, Bonnot directly owns 91,270 shares of SiTime Corp, which includes 76,233 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: Neutral. This is a standard Form 4 filing, indicating a sale of shares by an executive. It doesn't inherently suggest positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of the stock sale transaction |
| 05/23/2024 | Date of signature by Attorney-in-fact |
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