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.
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
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
Investment Themes
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 | ||||
|---|---|---|---|---|---|
Sep 14, 2026 4w ago | Insider Cluster | $550.39 $548.90 | ▼ −0.27% | ▲ +0.17% | $487.00 (−11.52%) |
Sep 9, 2026 5w ago | 144 | $589.87 $602.27 | ▼ −2.10% | ▼ −2.70% | $487.00 (+17.44%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 19, 2026 8w ago | Insider Cluster | $598.81 $614.83 | ▲ +2.68% | ▲ +2.27% | $487.00 (−18.67%) |
Aug 18, 2026 8w ago | Insider Cluster | $680.06 $618.71 | ▲ +9.02% | ▲ +9.23% | $487.00 (+28.39%) |
Aug 12, 2026 9w ago | Insider Cluster | $680.52 $687.93 | ▲ +1.09% | ▲ +0.39% | $487.00 (−28.44%) |
Jul 1, 2026 15w ago | 8-K | $703.84 $601.66 | ▼ −14.52% | ▼ −14.39% | $487.00 (−30.81%) |
Jun 15, 2026 17w ago | Insider Cluster | $684.86 $677.21 | ▼ −1.12% | ▲ +0.13% | $487.00 (−28.89%) |
Jun 15, 2026 17w ago | 144 | $742.46 $684.86 | ▲ +7.76% | ▲ +7.16% | $487.00 (+34.41%) |
US Market Status
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