Form 4: SiTime Corp Executive Vice President Sells Shares
SEC Form 4 Filing
Fariborz Assaderaghi, Executive Vice President of Engineering & Technology at SiTime Corp, sold 1,267 shares of common stock on April 29, 2025.
Summary
- On April 29, 2025, Fariborz Assaderaghi, an Executive Vice President at SiTime Corp, sold 1,267 shares of the company's common stock.
- The shares were sold at a weighted average price of $147.8, with individual transaction prices ranging from $146.40 to $149.05.
- Following the transaction, Assaderaghi directly owns 113,584 shares, which includes 106,896 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an insider transaction and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of the stock sale transaction |
| 05/01/2025 | Date of signature for the Form 4 filing |
Keywords
SiTime Corp, Insider Trading, Stock Sale, Form 4, Assaderaghi, SITM
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