Form 4: SiTime Executive Vice President Sells Shares in Recent Transaction

Fariborz Assaderaghi, Executive Vice President at SiTime Corp, recently sold 1,004 shares of common stock at an average price of $172.71.

Summary

• On November 1, 2024, Fariborz Assaderaghi, an Executive Vice President at SiTime Corporation, sold 1,004 shares of common stock.
• The shares were sold at a weighted average price of $172.71, with individual prices ranging from $170.35 to $175.10.
• Following the transaction, Assaderaghi directly owns 109,574 shares of SiTime Corp.
• This includes 105,015 shares issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard Form 4 filing reporting a stock sale by an executive. There is no indication of positive or negative implications for the company.

Industry Context

This is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates