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 15, 2026
1d ago
|
Insider Cluster
| $743.08 awaiting T+1 | awaiting T+1 | — | $684.86 (−7.83%) |
|
Jun 15, 2026
1d ago
|
144
| $742.46 $684.86 | ▲ +7.76% | ▲ +7.16% | $684.86 (+7.76%) |
|
Jun 11, 2026
5d ago
|
Institutional Cluster
| $721.24 $729.89 | ▲ +1.20% | ▲ +0.66% | $684.86 (−5.04%) |
|
Jun 6, 2026
11d ago
|
Insider Cluster
| $664.28 $659.52 | ▼ −0.72% | ▼ −0.42% | $684.86 (+3.10%) |
|
Jun 4, 2026
12d ago
|
Insider Cluster
| $625.68 $664.28 | ▲ +6.17% | ▲ +5.94% | $684.86 (+9.46%) |
|
May 22, 2026
25d ago
|
Insider Cluster
| $728.56 $743.12 | ▼ −2.00% | ▼ −1.41% | $684.86 (+6.00%) |
|
May 19, 2026
28d ago
|
424B5
| $693.66 $697.00 | ▼ −0.48% | ▲ +0.56% | $684.86 (+1.27%) |
|
May 18, 2026
29d ago
|
Insider Cluster
| $693.66 $697.00 | ▼ −0.48% | ▲ +0.56% | $684.86 (+1.27%) |
|
May 18, 2026
29d ago
|
Insider Cluster
| $693.66 $697.00 | ▲ +0.48% | ▼ −0.56% | $684.86 (−1.27%) |
|
May 14, 2026
4w ago
|
144
| $820.21 $774.06 | ▲ +5.63% | ▲ +4.40% | $684.86 (+16.50%) |
US Market Status
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