SITIME officer sells 2,000 shares in open market
SITIME Corp officer Fariborz Assaderaghi reported open-market sales of a total of 2,000 shares of SITIME common stock on June 3–4.
Rhea-AI Filing Summary
SITIME Corp officer Fariborz Assaderaghi reported open-market sales of a total of 2,000 shares of SITIME common stock on June 3–4. He sold 1,000 shares at $702.90, 800 shares at $710.68, and 200 shares at $711.25 per share, with a weighted average sale price across multiple trades ranging from $700.23 to $716.61 per share. After these transactions, he directly holds 77,936 common shares. The filing also notes 76,830 additional shares subject to unvested restricted stock units and performance-based restricted stock units, including 32,013 time-based units and 44,817 units tied to the stock’s absolute and relative price performance over various periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
3 txns
Insider
Assaderaghi Fariborz
Role
See Remarks
Sold
2,000 shs ($1.41M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 200 | $711.25 | $142K |
| Sale | Common Stock | 800 | $710.68 | $569K |
| Sale | Common Stock | 1,000 | $702.90 | $703K |
Holdings After Transaction:
Common Stock — 77,936 shares (Direct)
Footnotes (2)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $700.23 to $716.61 per share, inclusive. The reporting person 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.
- F2. Includes an aggregate of 76,830 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 32,013 restricted stock units that vest over time, and 44,817 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.
Key Figures
Shares sold Jun 3: 1,000 shares at $702.90
Shares sold Jun 4 (lot 1): 800 shares at $710.68
Shares sold Jun 4 (lot 2): 200 shares at $711.25
+3 more
6 metrics
Shares sold Jun 3
1,000 shares at $702.90
Open-market sale of common stock on June 3, 2026
Shares sold Jun 4 (lot 1)
800 shares at $710.68
Open-market sale of common stock on June 4, 2026
Shares sold Jun 4 (lot 2)
200 shares at $711.25
Open-market sale of common stock on June 4, 2026
Total shares sold
2,000 shares
Aggregate of three open-market sales on June 3–4, 2026
Shares held after sales
77,936 shares
Direct common stock holdings following transactions
Unvested RSUs and PRSUs
76,830 shares
Includes 32,013 time-based RSUs and 44,817 performance-based RSUs
Key Terms
weighted average price, restricted stock units, performance-based restricted stock units, open-market sale
4 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Includes an aggregate of 76,830 shares of common stock issuable pursuant to previously reported restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"and performance-based restricted stock units that have not vested."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SITM insider Fariborz Assaderaghi report in this Form 4?
He reported selling 2,000 shares of SITIME Corp common stock in open-market transactions on June 3–4, 2026, at prices around the low $700s per share, while retaining a substantial remaining equity position.
What unvested equity awards does the SITM insider still have outstanding?
He has 76,830 shares underlying unvested equity awards, consisting of 32,013 time-based restricted stock units and 44,817 performance-based restricted stock units that vest based on absolute and relative stock price performance over specified periods.
Were the SITIME (SITM) insider sales executed as open-market transactions?
Yes. Each transaction is coded as an open-market sale of common stock. The filing specifies that the reported prices are weighted averages across multiple trades within a stated price range for the shares sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.
