Form 4: SiTime Executive Sells Shares to Cover Tax Obligations

Lionel Bonnot, an executive at SiTime Corp, disposed of 2,656 shares of common stock to cover tax obligations arising from vesting restricted stock units.

Summary

• On May 20, 2025, Lionel Bonnot, Executive Vice President at SiTime Corporation, disposed of 2,656 shares of common stock.
• The transaction was executed to cover tax obligations.
• The price per share was $206.54.
• Following the transaction, Bonnot beneficially owns 84,570 shares.
• This includes 78,706 unvested restricted stock units and performance-based restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an executive's stock transaction. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a sale of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

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

Key Dates

Keywords

SiTime, Insider Trading, Form 4, Executive Compensation, Stock Sale, Lionel Bonnot, SITM