Form 4: SITM CFO Sells 5,099 Shares Under 10b5-1 Plan

SITIME Corp's EVP and CFO, Elizabeth A. Howe, reported a pre-planned sale of 5,099 common shares at $319 per share, effective October 6, 2025.

Summary

• Elizabeth A. Howe, EVP, Chief Financial Officer of SITIME Corp (SITM), reported a transaction involving the sale of common stock.
• The transaction entails the disposition of 5,099 shares of common stock at a price of $319 per share.
• This sale is scheduled to occur on October 6, 2025.
• The transaction was executed pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
• Following this transaction, Ms. Howe will beneficially own 59,070 shares of common stock.
• Her remaining beneficial ownership includes an aggregate of 56,597 unvested restricted stock units (RSUs) and performance-based restricted stock units (PSUs).
• Of these unvested units, 40,008 are time-vesting RSUs and 16,589 are performance-based PSUs, which vest based on certain absolute and relative price performance of SITIME Corp's common stock.

Sentiment

Score: 5

Explanation: The sale is a pre-planned transaction under a 10b5-1 plan, which mitigates the negative signal typically associated with insider sales. It's a neutral event, as it's expected, but still represents a reduction in direct ownership.

Positives

• The sale is part of a pre-arranged Rule 10b5-1 plan, indicating it was not based on new, non-public information and was scheduled in advance.

Negatives

• An insider sale, even if pre-planned, reduces the officer's direct equity stake in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but mitigated by the 10b5-1 plan. The sale itself is small relative to the company's market capitalization.

Next Steps

• Vesting of 40,008 restricted stock units over time.
• Vesting of 16,589 performance-based restricted stock units based on certain absolute and relative price performance of SITIME Corp's common stock over various performance periods.

Key Dates

Recommendation

The reported transaction is a pre-planned sale by a key executive under a Rule 10b5-1 plan, which typically indicates a non-discretionary sale not based on new material non-public information. While it reduces the executive's direct equity stake, the pre-scheduled nature makes it a neutral event for investment decisions. There is no new information in this filing to warrant a change in investment thesis, thus a 'hold' recommendation is appropriate.

Keywords

SITIME Corp, SITM, Elizabeth A. Howe, Insider Trading, Form 4, Stock Sale, CFO, 10b5-1 Plan, Equity Compensation