Form 4: SiTime Executive Lionel Bonnot Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Lionel Bonnot, an executive at SiTime Corp, disposed of 4,501 shares of common stock on August 20, 2024, to cover tax obligations.
Summary
- On August 20, 2024, Lionel Bonnot, an Executive Vice President at SiTime Corporation, disposed of 4,501 shares of common stock.
- The transaction was executed at a price of $139.26 per share.
- Following the transaction, Bonnot directly owns 90,755 shares of SiTime Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of transaction: Lionel Bonnot disposed of 4,501 shares of common stock. |
| 08/22/2024 | Date of signature by Attorney-in-fact. |
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