Form 4: SiTime Corp Executive Vincent P. Pangrazio Sells Shares

Vincent P. Pangrazio, an executive at SiTime Corp, sold shares of common stock in two transactions on March 5th and 6th, 2025.

Summary

• On March 5, 2025, Vincent P. Pangrazio sold 1,500 shares of SiTime Corp common stock at a weighted average price of $180.21.
• The price range for the March 5th sale was between $180.00 and $180.43 per share.
• Following this transaction, Pangrazio directly owned 71,368 shares.
• On March 6, 2025, Pangrazio sold another 1,500 shares at $190 per share, reducing his direct ownership to 69,868 shares.
• The reported holdings include 54,251 unvested restricted stock units and performance-based restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales by an executive, which is neutral in 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 ascertain the specific reasons behind these transactions.

Stakeholder Impact

• Shareholders may be interested in insider trading activity as an indicator of management's view of the company's prospects.

Key Dates