Pangrazio Vincent P 4
Research Summary
AI-generated summary
SITIME (SITM) EVP Vincent Pangrazio Sells 2,000 Shares
What Happened
Vincent P. Pangrazio, EVP, Chief Legal Officer & Corporate Secretary of SITIME (SITM), sold 2,000 shares in an open-market/private sale on June 12, 2026 at $725.32 per share, for aggregate proceeds of $1,450,640. This was a sale (not a purchase); sales are common and do not by themselves indicate a change in insider sentiment.
Key Details
- Transaction date & price: 2026-06-12 — 2,000 shares sold @ $725.32 each; total ≈ $1,450,640.
- Filing date: 2026-06-15 (filed within the normal reporting window).
- Shares owned after transaction: The filing does not state a total post-sale share count. It does report an aggregate of 39,966 shares issuable under previously reported unvested restricted stock units (15,552 time-vested RSUs and 24,414 performance-based RSUs).
- Footnote: 24,414 performance-based RSUs vest only if certain absolute and relative stock-price performance conditions are met over specified periods.
- No 10b5-1 plan, tax-withholding sale, or late-filing indication is noted in the provided data.
Context
For most retail investors, insider purchases are more directly interpreted as bullish signals; insider sales can be routine (diversification, liquidity, tax planning). Note that the unvested RSUs/PRSUs reported are not currently owned shares and will only convert to shares if and when vesting conditions are satisfied.