Bonnot Lionel 4
4 · SITIME Corp · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
SITIME (SITM) Executive VP Lionel Bonnot Sells Shares
What Happened
Lionel Bonnot, Executive Vice President, Worldwide Sales and Business Development at SITIME Corp (SITM), sold a total of 1,500 shares in open-market transactions — 1,000 shares on June 11, 2026 at $700.00 each ($700,000) and 500 shares on June 15, 2026 at a weighted average price of $736.02 each ($368,010). These were disposals (sales), which are often routine insider liquidity events and do not, by themselves, indicate a change in company outlook.
Key Details
- Transaction dates and prices:
- 2026-06-11: Sale of 1,000 shares at $700.00 — $700,000 total.
- 2026-06-15: Sale of 500 shares at a weighted average price $736.02 — $368,010 total. (Footnote: the 6/15 sale was executed in multiple transactions at prices ranging $735.12–$736.18; the filer can provide per-trade prices on request.)
- Total proceeds reported: $1,068,010.
- Shares owned after transaction: not specified in the provided extract. Footnote notes an aggregate of 65,813 shares issuable under previously reported unvested RSUs (23,215 time-based RSUs and 42,598 performance-based RSUs that vest based on absolute/relative price performance).
- Filing info: Form 4 filed June 15, 2026 reporting transactions through June 11 and June 15, 2026 (filing date and reporting period shown on the filing).
- Remarks: Insider role listed as Executive Vice President, Worldwide Sales and Business Development.
Context
These entries are straight sales of common stock (code S). Sales can be for many reasons (liquidity, tax, diversification) and should be interpreted cautiously; they are not definitive indicators of management’s view on company fundamentals. The filing includes unvested restricted and performance-based units (see footnote) which are contingent on time and performance-based vesting conditions.
Insider Transaction Report
- Sale
Common Stock
2026-06-11$700.00/sh−1,000$700,000→ 73,297 total - Sale
Common Stock
[F1][F2]2026-06-15$736.02/sh−500$368,010→ 72,797 total
Footnotes (2)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $735.12 to $736.18 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Includes an aggregate of 65,813 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested. These unvested units include 23,215 restricted stock units that vest over time, and 42,598 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods.