Form 4: SiTime Executive Vice President Lionel Bonnot Sells Shares

Lionel Bonnot, Executive Vice President at SiTime Corp, sold 3,203 shares of common stock at an average price of $140.26 on July 8, 2024.

Summary

• On July 8, 2024, Lionel Bonnot, Executive Vice President at SiTime Corp, sold 3,203 shares of common stock.
• The shares were sold at a weighted average price of $140.26.
• The price range for the sales was between $140.00 and $141.00 per share.
• Following the transaction, Bonnot directly owns 86,838 shares of SiTime Corp.
• This includes 76,233 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard disclosure of an executive selling shares, which doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a lack of confidence in the company.

Key Dates