Heckart Christine 4
4 · SITIME Corp · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
SITIME (SITM) Director Christine Heckart Gifts 9,305 Shares
What Happened
Christine Heckart, a director of SITIME Corp (SITM), made a bona fide gift of 9,305 shares of the company's common stock on May 14, 2026. The shares were transferred to the "H D & Christine Heckart 2014 Fam Trust UAD 2/14/2014" at a reported price of $0.00 (total value $0 on the Form 4). Because the reporting person is a manager of the trust and the immediate family are the sole beneficiaries, Heckart remains the beneficial owner of the shares.
Key Details
- Transaction date: May 14, 2026; Filing date (Form 4): May 18, 2026 (timely filed).
- Transaction type/code: Gift (G); Shares transferred: 9,305; Reported price: $0.00.
- Ownership/reporting: The reportable securities are owned directly by the named family trust; Heckart has voting and investment power over those shares and remains beneficial owner.
- Unvested equity: The filing notes an aggregate of 1,290 shares issuable under restricted stock units that have not yet vested.
- Footnotes: Transfer was for estate-planning purposes; no cash changed hands and the transaction does not reflect a market sale.
Context
Gifts to family trusts are common estate-planning moves and do not necessarily signal the insider’s view of the company’s near-term prospects. This was not a purchase or open-market sale; it was a non‑economic transfer where beneficial ownership was effectively unchanged.
Insider Transaction Report
- Gift
Common Stock
[F1][F2]2026-05-14−9,305→ 1,690 total - Gift
Common Stock
[F3]2026-05-14+9,305→ 9,305 total(indirect: See Footnote)
Footnotes (3)
- [F1]On May 14, 2026, the Reporting Person made a bona fide gift for estate planning purposes of 9,305 shares of the Issuer's common stock to H D & Christine Heckart 2014 Fam Trust UAD 2/14/2014, of which the Reporting Person is one of the managers. The Reporting Person and members of her immediate family are the sole beneficiaries of the trust. The Reporting Person remains the beneficial owner of the shares.
- [F2]Includes an aggregate of 1,290 shares of common stock issuable pursuant to the restricted stock unit award reported pursuant to this Form 4 that has not yet vested.
- [F3]The reportable securities are owned directly by H D & Christine Heckart 2014 Fam Trust UAD 2/14/2014, of which the Reporting Person is one of the managers and has voting and investment power over the shares.