Form 4: SiTime Corp Executive Vice President Sells Shares
SEC Form 4 Filing
Fariborz Assaderaghi, Executive Vice President of SiTime Corp, sold 1,002 shares of common stock on January 2, 2025.
Summary
- On January 2, 2025, Fariborz Assaderaghi, an Executive Vice President at SiTime Corp, sold 1,002 shares of common stock.
- The shares were sold at a weighted average price of $220.94.
- The price ranged from $219.10 to $223.00 per share.
- Following the transaction, Assaderaghi beneficially owns 100,681 shares.
- This includes 97,352 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the sale of 1,002 shares is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the transaction: Fariborz Assaderaghi sold 1,002 shares of SiTime Corp common stock. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.