Form 4: SiTime Executive Lionel Bonnot Reports Stock Disposal to Cover Tax Obligations

Lionel Bonnot, an executive at SiTime Corp, disposed of shares to cover tax obligations related to vested restricted stock units.

Summary

• On February 20, 2025, Lionel Bonnot, Executive Vice President at SiTime Corporation, disposed of 3,601 shares of common stock to cover tax obligations.
• The transaction was executed at a price of $180.11 per share.
• Following the transaction, Bonnot directly owns 91,441 shares of SiTime Corp.
• Bonnot also holds unvested restricted stock units and performance-based restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock disposal for tax purposes. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related stock disposal, which is common among executives who receive stock-based compensation.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates

Keywords

SiTime Corp, Lionel Bonnot, Stock Disposal, Form 4, Executive Compensation, Insider Trading, Tax Obligations, SITM