SITIME (SITM) Director Torsten Kreindl Sells 1,050 Shares

What Happened Torsten Kreindl, a director of SITIME Corp (SITM), sold a total of 1,050 shares on August 7, 2026. The sales were reported as open‑market/private sales: 350 shares at $735.00 each (proceeds $257,250) and 700 shares at $715.00 each (proceeds $500,500), for combined gross proceeds of approximately $757,750. This was a sale of stock (not a purchase or exercise).

Key Details

• Transaction dates and prices: Aug 7, 2026 — 350 shares @ $735.00; Aug 7, 2026 — 700 shares @ $715.00.
• Total shares sold: 1,050; total reported proceeds: ~$757,750.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Includes an aggregate of 390 shares issuable under a restricted stock unit award reported on this Form 4 that have not yet vested.
• Filing timeliness: Report filed Aug 10, 2026. This filing date is within the normal two-business-day SEC reporting window following the Aug 7 transaction.

Context

• The transaction code is "S" (sale). Sales by directors can be routine (liquidity, diversification, tax planning) and do not by themselves indicate a change in company outlook. Purchases typically carry more informational weight for bullish signals.
• The 390 unvested RSU shares noted in the footnote are issuable in the future and are not currently vested stock available for sale.