Pangrazio Vincent P

Insider trading profile for Pangrazio Vincent P across two semiconductor companies: (1) Cavium (CAVM): 132 transactions 2011-03-10 to 2018-07-06 (pre-acquisition by Marvell), 275,642 shares sold. (2) SiTime (SITM): 80 transactions 2013-02-13 to 2026-06-12, 125,699 shares sold. Both are all-sell with zero acquisitions. SITM recent transaction pattern: S-code sells at progressively higher prices as stock appreciated: 2026-06-12 (2,000 shares at $725.32 -- near all-time high); 2025-09-09 (6,443 shares at $246.16); 2025-05-19 (5,026 shares at $204.55); 2025-03-05/06 (1,500+ shares at $180-$190); 2025-01-02 (2,910 shares at $221); 2024-12-12 (3,064 shares at $253-$257); 2024-11-20 F-code (3,120 shares at $208.67); 2024-08-20 F-code (3,117 shares at $139.26); 2024-07-10/08 (3,924 shares at $140-$150); 2024-05-21 (3,465 shares at $126.65). A-code acquisitions: 2025-02-10 (4,066 x 2 + 2,319 + 2,982 = 13,433 shares) and 2024-08-12 (7,225 shares) -- these are option/RSU exercises being partially held before eventual S-code liquidation. F-code (fee) events at $139-$208 represent tax-withholding at vesting. The pattern shows the insider systematically selling into every SITM rally: $126 → $140 → $150 → $204 → $246 → $725. The F-code fees at $697 (2026-05-20), $252 (2025-11-20), $221 (2025-08-20), $208 (2024-11-20), $139 (2024-08-20) indicate continued vesting events. Bearish read: the all-sell profile across 13 years at two semiconductor names (CAVM + SITM), selling at every major SITM price inflection from $126 to $725, with zero discretionary accumulation, is a textbook systematic liquidation pattern. The 2025 A-code exercises (13K shares) being built up then sold down through 2025-2026 further confirms this is mechanical equity comp monetization, not conviction-based insider trading. This is a structural bearish signal on SITM -- an insider with 13 years of continuous net-selling across two related companies has no demonstrated confidence in either name's forward trajectory at current valuations.