Form 4: SiTime Executive Lionel Bonnot Reports Stock Disposition

Executive Vice President Lionel Bonnot disposed of 5,977 shares of SiTime Corporation common stock to cover tax obligations.

Summary

• Lionel Bonnot, Executive Vice President of Worldwide Sales and Business Development at SiTime Corporation, disposed of 5,977 shares of common stock.
• The transaction occurred on May 20, 2026, at a price of $697 per share.
• The disposition was executed via code 'F', indicating the withholding of shares to satisfy tax liability associated with the vesting of equity awards.
• Following this transaction, the reporting person maintains beneficial ownership of 74,297 shares of SiTime common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the share disposition is a mandatory tax-related transaction rather than a voluntary divestment.

Positives

• The transaction is a routine administrative action related to tax withholding upon the vesting of equity awards, rather than a discretionary open-market sale.

Negatives

• The reduction in direct share ownership by an executive officer.

Risks

• The reporting person holds 42,598 performance-based restricted stock units that are subject to vesting conditions based on absolute and relative price performance, which may not be met.

Future Outlook

The filing does not provide forward-looking guidance regarding company performance, focusing solely on the reporting person's equity holdings.

Industry Context

StockSavvy.ai notes that tax-related share withholding is a standard practice for corporate executives and does not typically signal a change in management sentiment regarding the company's long-term prospects.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation and tax compliance practices observed across the semiconductor and technology sectors.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a routine tax-related withholding.

Next Steps

• Future vesting of 23,215 time-based restricted stock units.
• Future vesting of 42,598 performance-based restricted stock units subject to price performance criteria.

Key Dates

Keywords

SiTime, SITM, Form 4, Insider Trading, Executive Compensation, Stock Disposition