Bonnot Lionel 4

What Happened

• Lionel Bonnot, Executive Vice President, Worldwide Sales and Business Development at SITIME Corp (SITM), had 5,977 shares disposed on May 20, 2026 to satisfy a tax liability related to an equity event. The shares were valued at $697.00 each, for a total of $4,165,969. This was a withholding/disposition to cover taxes (transaction code F), not an open-market sale for cash proceeds.

Key Details

• Transaction date: 2026-05-20; Filing date: 2026-05-22 (appears timely under Form 4 rules).
• Shares disposed: 5,977 at $697.00 per share; total value ≈ $4,165,969.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote F1: the filing notes an aggregate 65,813 shares issuable under previously reported restricted stock units (23,215 time-based RSUs) and performance-based RSUs (42,598 PSUs) that have not vested; PSUs vest based on absolute and relative stock-price performance over various periods.
• Transaction code F indicates shares were withheld/used to satisfy tax withholding obligations rather than a voluntary market sale.

Context

• Tax-withholding dispositions are common when equity awards vest or options are exercised; they are administrative and do not necessarily signal insider sentiment about the company. The filing indicates this was to cover tax obligations tied to equity, not a discretionary liquidity-driven sale.