Form 4: SiTime Corp Executive Vice President Lionel Bonnot Sells Shares
SEC Form 4 Filing
Lionel Bonnot, Executive Vice President at SiTime Corp, sold 260 shares of common stock at $95.09 per share on February 29, 2024.
Summary
- On February 29, 2024, Lionel Bonnot, an Executive Vice President at SiTime Corp, sold 260 shares of common stock.
- The sale price was $95.09 per share.
- Following the transaction, Bonnot directly owns 77,188 shares of SiTime Corp.
- This includes 63,218 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: This is a neutral event. An executive selling shares is a routine occurrence and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders. They do not necessarily indicate a change in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Lionel Bonnot sold shares of SiTime Corp stock. |
| 03/01/2024 | Date of signature: Samsheer Ahamad, Attorney-in-fact, signed the document. |
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