Director Torsten Kreindl of SiTime Corp filed a Form 4 on August 18, 2026, disclosing two open-market sales of SiTime common stock executed on August 14 and August 17, 2026.

Key Highlights

  • First sale: Kreindl sold 350 shares of common stock on August 14, 2026, at $700 per share.
  • Second sale: Kreindl sold 345 shares on August 17, 2026, at a weighted average price of $750.12, with individual transaction prices ranging from $750.00 to $750.47 per share.
  • Remaining ownership: Following both transactions, Kreindl directly held 11,786 shares of common stock.
  • Unvested RSUs included: The post-transaction total includes 390 shares issuable under a restricted stock unit award that had not yet vested as of the filing date.
  • Role: Kreindl is identified as a Director of SiTime Corp (NASDAQ:SITM).

Kreindl's Two-Day Share Sales and Resulting Ownership in SiTime

According to the Form 4 filed with the SEC, Torsten Kreindl, a director of SiTime Corp, reported two separate dispositions of common stock over consecutive trading days. On August 14, 2026, Kreindl sold 350 shares at $700 per share (transaction code S), reducing his directly held position to 12,131 shares following that transaction.

On August 17, 2026, Kreindl sold an additional 345 shares at a weighted average price of $750.12 per share. The filing notes that these shares were sold in multiple transactions at prices ranging from $750.00 to $750.47 per share, inclusive. The filing states that Kreindl "undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote." After this second sale, his directly held beneficial ownership stood at 11,786 shares.

The filing further discloses that the 11,786-share total includes an aggregate of 390 shares of common stock issuable pursuant to a restricted stock unit award that had not yet vested. Both transactions are recorded as direct ownership. The Form 4 was signed by Samsheer Ahamad as attorney-in-fact on August 18, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The Form 4 covers two sales of SiTime Corp common stock by Director Torsten Kreindl on August 14 and August 17, 2026, totaling 695 shares, leaving him with a directly held position of 11,786 shares, including 390 unvested restricted stock units.