Form 4: SiTime Director Katherine Schuelke Receives Stock Award
Statement of Changes in Beneficial Ownership
Director Katherine Schuelke acquired 390 restricted stock units in SiTime Corporation as part of an equity compensation award.
Summary
- Director Katherine Schuelke was granted 390 restricted stock units (RSUs) of SiTime Corporation common stock.
- The transaction occurred on June 1, 2026.
- The RSUs were granted at a price of $0 per share as part of an equity award.
- Following this transaction, the director's total beneficial ownership is 12,510 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Standard market risks associated with equity ownership in a publicly traded technology company.
Future Outlook
The restricted stock units are scheduled to vest fully on May 20, 2027.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.
Comparison to Industry Standards
- The grant of restricted stock units to directors is consistent with standard compensation practices for technology companies listed on major U.S. exchanges.
Stakeholder Impact
- Minimal impact on shareholders as this represents a standard equity compensation award.
Next Steps
- Vesting of the 390 restricted stock units on May 20, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/01/2026 | Date of the RSU grant transaction. |
| 06/02/2026 | Date of filing the Form 4. |
| 05/20/2027 | Vesting date for the 390 restricted stock units. |
Keywords
SiTime, SITM, Form 4, Insider Trading, Director Compensation, Equity Award
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