Form 4: SiTime Executive Vice President Lionel Bonnot Sells Shares
SEC Form 4 Filing
Lionel Bonnot, Executive Vice President at SiTime Corp, sold shares of common stock in two transactions on July 10 and July 11, 2024.
Summary
- Lionel Bonnot, an Executive Vice President at SiTime Corporation, sold 3,966 shares of common stock on July 10, 2024, at a weighted average price of $150.55 per share.
- The shares were sold in multiple transactions with prices ranging from $150.00 to $152.67.
- On July 11, 2024, Bonnot sold an additional 2,066 shares at $160 per share.
- Following these transactions, Bonnot directly owns 80,806 shares of SiTime common stock, which includes 76,233 unvested restricted stock units and performance-based restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and can be for various reasons, including personal financial planning. It's important to consider the context of these sales in relation to overall company performance and insider sentiment.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders, depending on the overall market perception of the transaction.
Key Dates
| Date | Description |
|---|---|
| 07/10/2024 | Lionel Bonnot sold 3,966 shares of SiTime common stock. |
| 07/11/2024 | Lionel Bonnot sold 2,066 shares of SiTime common stock. |
| 07/12/2024 | Date of signature for the Form 4 filing. |
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