SiTime (NASDAQ: SITM) EVP keeps 68,235 shares after tax withholding
Rhea-AI Filing Summary
SITIME Corp (SITM) reported that Executive Vice President, Engineering & Technology Fariborz Assaderaghi had shares withheld in connection with equity compensation. On 2026-08-20, 9,701 shares of common stock were disposed of under a transaction coded "F" at $598.81 per share, representing shares delivered or withheld for payment of exercise price or tax liability. Following this event, Assaderaghi held 68,235 shares of common stock directly.
A footnote states that the post-transaction holdings include 57,770 unvested shares issuable under previously reported restricted stock units and performance-based restricted stock units, consisting of 27,319 time-vesting RSUs and 30,451 performance-based RSUs that vest based on specified absolute and relative price performance metrics over various performance periods. The Rule 10b5-1 checkbox was not marked.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F1 | 9,701 | $598.81 | $5.81M |
Footnotes (1)
- F1. Includes an aggregate of 57,770 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 27,319 restricted stock units that vest over time, and 30,451 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
Key Terms
restricted stock units financial
performance-based restricted stock units financial
absolute and relative price performance financial
FAQ
What insider transaction did SITIME Corp (SITM) report for Fariborz Assaderaghi?
How many unvested SITM restricted stock units does Fariborz Assaderaghi have?
Were the SITM insider transactions made under a Rule 10b5-1 trading plan?
What triggers vesting of Fariborz Assaderaghi’s performance-based RSUs in SITM?
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