Form 4: SiTime Executive Vice President Sells 1,000 Shares of Common Stock

Fariborz Assaderaghi, Executive Vice President of Engineering & Technology at SiTime Corp, reported the sale of 1,000 shares of the company's common stock for approximately $201,360.

Summary

• Fariborz Assaderaghi, Executive Vice President, Engineering & Technology at SiTime Corp (SITM), sold 1,000 shares of common stock.
• The transaction occurred on June 5, 2025, at a weighted average price of $201.36 per share.
• The shares were sold in multiple transactions with prices ranging from $200.04 to $204.05 per share.
• Following the sale, Mr. Assaderaghi beneficially owns 101,319 shares of SiTime common stock.
• The remaining beneficial ownership includes 97,283 unvested restricted stock units (RSUs) and performance-based restricted stock units (PSUs).
• Of the unvested units, 50,263 are time-based RSUs and 47,020 are performance-based PSUs tied to the issuer's common stock price performance.

Sentiment

Score: 5

Explanation: The sentiment is neutral. This is a routine insider sale, likely pre-planned under a 10b5-1 plan, and does not indicate a significant change in company fundamentals or management's view of the company's prospects. The sale represents a small portion of the executive's total beneficial ownership.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The reporting person, Fariborz Assaderaghi, holds the title of Executive Vice President, Engineering & Technology.

Industry Context

This filing is a routine insider transaction report (Form 4) and does not provide information related to broader industry trends or competitive landscape. It reflects an individual executive's stock activity.

Stakeholder Impact

• Shareholders: The sale of 1,000 shares by an executive is a minor event and is unlikely to have a material impact on the company's stock price or long-term value for shareholders, especially given the executive's substantial remaining holdings, including unvested units.

Key Dates

Keywords

SiTime Corp, SITM, Insider Trading, Form 4, Stock Sale, Executive Compensation, Restricted Stock Units, Performance Stock Units