SITM SITIME Corp
Price Chart
Executive Summary
Two insiders at SiTime Corp sold a total of $1.97M in open-market transactions within a 7-day window, following the company's issuance of $0% convertible senior notes due 2031 on May 22, 2026. The sales are modest relative to the $18.8B market cap (0.01%), and the cluster is dominated by non-cash director grants, making the selling activity routine and non-informative.
Key Financial Metrics
Actionable Insight
The insider sales are immaterial in size and lack C-suite participation, suggesting routine portfolio diversification rather than informed selling. The convertible note issuance on May 22 may create future dilution, but the cluster itself does not signal a near-term catalyst. Monitor the next earnings release for any guidance revision related to the convertible debt.
Key Facts
- Director Christine Heckart sold 1,290 shares at $700 for $903,000 on June 2, 2026.
- VP Fariborz Assaderaghi sold 1,500 shares at $712.72 for $1,069,080 on May 29, 2026.
- Total open-market sales: $1.97M, representing ~0.01% of SiTime's $18.8B market cap.
- Eight directors received non-cash grants of 390 shares each on June 1, 2026, with $0 economic value.
- The company issued $0% convertible senior notes due 2031 on May 22, 2026, per a first supplemental indenture.
- No C-suite executives (CEO, CFO) participated in the selling cluster.
Financial Impact
Total insider sales of $1.97M are trivial relative to SiTime's $18.8B market cap (0.01%).
Risk Factors
- Future dilution from the $0% convertible senior notes due 2031, depending on conversion terms.
- Potential for additional insider selling if the stock continues its recent upward trajectory.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SITM-1780615358517 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $690.00 awaiting T+5 | awaiting T+5 | — | $729.89 (+5.78%) |
|
Jun 6, 2026
7d ago
|
Insider Cluster
| $670.00 awaiting T+5 | awaiting T+5 | — | $729.89 (+8.94%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $670.00 awaiting T+5 | awaiting T+5 | — | $729.89 (+8.94%) |
|
May 22, 2026
21d ago
|
Insider Cluster
| $728.56 $665.01 | ▲ +8.72% | ▲ +10.40% | $729.89 (−0.18%) |
|
May 19, 2026
24d ago
|
424B5
| $693.66 $725.48 | ▼ −4.59% | ▼ −2.34% | $729.89 (−5.22%) |
|
May 18, 2026
25d ago
|
Insider Cluster
| $693.66 $725.48 | ▼ −4.59% | ▼ −2.34% | $729.89 (−5.22%) |
|
May 18, 2026
25d ago
|
Insider Cluster
| $693.66 $725.48 | ▲ +4.59% | ▲ +2.34% | $729.89 (+5.22%) |
|
May 14, 2026
29d ago
|
144
| $820.21 $711.79 | ▲ +13.22% | ▲ +12.50% | $729.89 (+11.01%) |
|
May 11, 2026
4w ago
|
8-K
| $901.48 $725.59 | ▼ −19.51% | ▼ −19.43% | $729.89 (−19.03%) |
|
Apr 15, 2026
8w ago
|
DEFA14A
| $470.56 $556.13 | ▲ +18.18% | ▲ +17.20% | $729.89 (+55.11%) |
US Market Status
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