SITIME Corp·4

May 22, 8:18 AM ET

Kreindl Torsten 4

Research Summary

AI-generated summary

Updated

SITIME (SITM) Director Torsten Kreindl Sells 710 Shares

What Happened
Torsten Kreindl, a director of SITIME Corp (SITM), sold 710 shares in a reported open-market/ private sale on May 21, 2026. The shares were disposed at $720.00 per share, for a total transaction value of $511,200. This was a sale (not a purchase or option exercise), which is often routine for insiders and does not by itself indicate company outlook.

Key Details

  • Transaction date: 2026-05-21; Price: $720.00 per share; Total proceeds: $511,200.
  • Transaction type/code: Sale (S) — reported as open market or private sale.
  • Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for post-transaction holdings.
  • Filing date/accession: Form filed 2026-05-22 (appears timely; no late-filing flag noted).
  • No footnotes in the provided summary indicating a 10b5-1 plan, gift, option exercise, or tax-withholding action.

Context
Sales by directors can be for many personal reasons (diversification, taxes, liquidity) and are not direct proof of company performance. For a complete picture, check the full Form 4 for post-transaction holdings and any accompanying footnotes, and monitor future insider activity for patterns.