SITIME (SITM) Director Torsten Kreindl Receives 390-Share Award

What Happened Torsten Kreindl, a director of SITIME Corp (SITM), received an award of 390 restricted stock units (reported as an acquisition, code A) on 2026-06-01. The grant was reported at $0.00 per share (standard for RSU awards) — the award represents future shares rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-02.
• Transaction type/amount: Grant of 390 RSUs at $0.00 (aggregate reported value $0).
• Vesting: The RSUs vest in full on May 20, 2027 (Footnote F1).
• Unvested shares: Filing notes these 390 shares are issuable pursuant to the RSU award and have not yet vested (Footnote F2).
• Shares owned after transaction: The provided filing excerpt does not state Kreindl’s total post-transaction holdings.
• Timeliness: Form 4 was filed one day after the grant (within the typical two-business-day reporting window).

Context Restricted stock units are compensation that converts into shares only after vesting; this grant does not involve an immediate cash purchase or sale and does not indicate a near-term change in holdings until vesting occurs. Grants to directors are common as compensation and should be viewed as a compensation event rather than a direct bullish or bearish trading signal.