Form 4: SiTime Executive Vice President Lionel Bonnot Sells Shares

Lionel Bonnot, Executive Vice President at SiTime Corp, sold 1,991 shares of common stock at an average price of $201.36 on May 22, 2025.

Summary

• On May 22, 2025, Lionel Bonnot, an Executive Vice President at SiTime Corporation, sold 1,991 shares of common stock.
• The sale was executed at a weighted average price of $201.36 per share, with individual transaction prices ranging from $198.42 to $206.03.
• Following the transaction, Bonnot directly owns 82,579 shares, which includes 78,706 unvested restricted stock units and performance-based restricted stock units.
• The unvested units include 33,154 restricted stock units that vest over time and 45,552 performance-based restricted stock units that vest based on certain absolute and relative price performance of SiTime's common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders. This allows the public to see when company executives are buying or selling shares of their own company, which can provide insights into their perspective on the company's current valuation and future prospects.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common occurrence.
• The impact is likely to be minimal unless the sale is part of a larger trend of insider selling.

Key Dates

Keywords

SiTime, Stock Sale, Executive Vice President, Lionel Bonnot, SITM, Form 4, Insider Trading, Securities