Form 4: SiTime Corp Executive Vincent Pangrazio Reports Stock Sales and Tax Withholding
SEC Form 4 Filing
Vincent Pangrazio, an executive at SiTime Corp, reported selling shares of common stock and shares withheld for tax obligations.
Summary
- On May 19, 2025, Vincent Pangrazio sold 5,026 shares of SiTime Corp common stock at a weighted average price of $204.55 per share.
- The price range for these shares was between $203.25 and $206.00.
- On May 20, 2025, 4,009 shares were disposed of at $206.54 for tax obligations.
- Following these transactions, Pangrazio beneficially owns 60,833 shares of SiTime Corp common stock.
- This includes 46,362 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions by an executive.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the semiconductor industry.
Stakeholder Impact
- The stock sale by an executive could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Sale of 5,026 shares of common stock at a weighted average price of $204.55. |
| 05/20/2025 | Disposal of 4,009 shares for tax obligations at $206.54. |
| 05/21/2025 | Date of signature by Attorney-in-fact. |
Keywords
SiTime Corp, Stock Sale, Form 4, Executive, Pangrazio, SITM, Securities
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