SITIME Corp·4

May 14, 8:53 PM ET

Takata Akira 4

Research Summary

AI-generated summary

Updated

SITIME (SITM) Director Akira Takata Sells 1,500 Shares

What Happened
Director Akira Takata sold 1,500 shares of SITIME (SITM) in an open-market/private sale on May 12, 2026. The shares were disposed at $860.86 per share for total proceeds of $1,291,290. This was a sale (liquidity) transaction rather than a purchase.

Key Details

  • Transaction date: 2026-05-12; Form 4 filed: 2026-05-14 (filed within the normal 2-business-day window).
  • Price: $860.86 per share; Total: $1,291,290.
  • Shares owned after transaction: not specified in the provided summary; the filing does note outstanding restricted stock units (see below).
  • Footnote: F1 states there are 1,290 shares issuable under a restricted stock unit award reported on this Form 4 that have not yet vested.
  • No 10b5-1 plan, tax-withholding sale, or late-filing flag was indicated in the provided data.

Context
Sales by insiders can be routine (diversification or tax/liquidity needs) and do not, by themselves, indicate a change in company outlook. Purchases typically carry more informational weight for retail investors. The reported unvested RSUs are not available for sale until they vest and are separate from this disposal.