Form 4: SiTime Corp Executive Vice President Sells Shares

Fariborz Assaderaghi, Executive Vice President of Engineering & Technology at SiTime Corp, sold shares of common stock on May 19 and May 20, 2025.

Summary

• Fariborz Assaderaghi, an Executive Vice President at SiTime Corp, reported changes in beneficial ownership.
• On May 19, 2025, Assaderaghi sold 5,112 shares of common stock at a weighted average price of $205.53 per share.
• The shares were sold in multiple transactions at prices ranging from $205.05 to $206.62 per share.
• On May 20, 2025, Assaderaghi disposed of 4,885 shares for $206.54.
• Following these transactions, Assaderaghi directly owns 102,319 shares of SiTime Corp common stock.
• This includes 97,283 unvested restricted stock units and performance-based restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by an executive, which is neither inherently positive nor negative.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The sale of shares by an executive could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

SiTime Corp, Insider Trading, Form 4, Stock Sale, Beneficial Ownership, SITM, Assaderaghi, Executive Vice President