Heckart Christine 4
Research Summary
AI-generated summary
SITIME (SITM) Director Christine Heckart Receives RSU Award
What Happened
Christine Heckart, a director of SITIME Corp (SITM), received an award of 390 restricted stock units (RSUs) on June 1, 2026. The reported acquisition price is $0.00 (no cash paid); the award is recorded as 390 shares issuable and has no immediate sale value until vested.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing).
- Transaction type: Award/Grant (code A). Price reported: $0.00; total reported value: $0.
- Grant amount: 390 RSUs. Footnote F1: RSUs vest fully on May 20, 2027.
- Shares owned after transaction: the Form 4 reports an aggregate of 390 shares issuable under the RSU award that have not yet vested (F2).
- Ownership vehicle: the reportable securities are owned directly by H D & Christine Heckart 2014 Fam Trust UAD 2/14/2014; Ms. Heckart is a manager with voting and investment power over those shares (F3).
Context
This is a standard equity compensation grant to a director — not a market purchase or sale. Because the RSUs are unvested until May 20, 2027, they represent future compensation rather than immediate stock ownership or a liquidity event.