SITM - Sitime Corp
Insider Sale by Megachips Corp /Fi (10%)
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Trade Summary
1 week ago, Megachips Corp /Fi, serving as 10% owner at Sitime Corp (SITM), sold 400,000 shares at $779.50 per share, for a total transaction value of $311,800,000.00. Following this transaction, Megachips Corp /Fi now holds 3,020,000 shares of SITM.
This sale represents a 12.00% decrease in Megachips Corp /Fi's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, May 14, 2026 and publicly disclosed via SEC Form 4 filing on Monday, May 18, 2026 at 4:05 PM ET, 4 days after the trade was made.
Sitime Corp operates in the TECHNOLOGY sector, specifically within the SEMICONDUCTORS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$779.50
Quantity
400,000
Total Value
$311,800,000.00
Shares Owned
3,020,000
Trade Date
7 days ago
SEC Filing Date
at 4:05 PM ET
Filed 4 days after trade
Discussion