SiTime (SITM) officer uses 3,758 shares to cover tax obligations

Rhea-AI Filing Summary

SITIME Corp officer Piyush B. Sevalia reported a Form 4 transaction involving a tax-related share disposition. On February 20, 2026, he disposed of 3,758 shares of common stock at $406.97 per share to satisfy tax obligations by delivering shares rather than paying cash.

After this transaction, he held 89,165 shares of common stock directly. A footnote explains that this total includes 81,486 shares underlying previously reported unvested restricted stock units and performance-based restricted stock units, which may vest over time or based on the issuer's stock price performance.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sevalia Piyush B

(Last) (First) (Middle)

C/O SITIME CORPORATION

5451 PATRICK HENRY DRIVE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SITIME Corp [ SITM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/20/2026		F		3,758	D	$406.97	89,165(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes an aggregate of 81,486 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested. These unvested units include 29,486 restricted stock units that vest over time, and 52,000 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods.

Remarks:

EVP, Marketing

	Samsheer Ahamad, Attorney-in-fact	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did SITIME (SITM) report for Piyush B. Sevalia?

SITIME reported that officer Piyush B. Sevalia disposed of 3,758 common shares on February 20, 2026. The disposition was a tax-withholding transaction, meaning shares were delivered to cover tax obligations rather than sold in an open-market trade.

At what price were the SITIME (SITM) shares used for the tax-withholding transaction?

The 3,758 shares were valued at $406.97 per share for the tax-withholding disposition. This price is used to determine the value of shares delivered to satisfy tax liabilities tied to equity awards, not necessarily an open-market sale price.

How many SITIME (SITM) shares does Piyush B. Sevalia hold after this Form 4 transaction?

Following the reported transaction, Piyush B. Sevalia directly holds 89,165 SITIME common shares. This total includes both currently owned stock and shares issuable from unvested restricted stock units and performance-based restricted stock units described in the filing footnote.

How many unvested equity awards does Piyush B. Sevalia have at SITIME (SITM)?

The filing notes 81,486 shares are issuable from unvested equity awards. These consist of 29,486 time-based restricted stock units and 52,000 performance-based restricted stock units that vest based on absolute and relative stock price performance over various periods.

Was the SITIME (SITM) Form 4 transaction an open-market sale by Piyush B. Sevalia?

No, the transaction is coded F, described as a tax-withholding disposition. Shares were delivered to cover exercise price or tax liabilities associated with equity awards, rather than being sold voluntarily in the open market for investment purposes.

What does transaction code F mean in the SITIME (SITM) Form 4 for Piyush B. Sevalia?

Code F signifies “payment of exercise price or tax liability by delivering securities.” In this case, 3,758 shares were used to satisfy tax obligations tied to equity compensation, distinguishing it from a standard buy or sell transaction.