SiTime insider sells $1.9M in stock at $625
SITIME Corp’s chief legal officer sold 3,000 shares and now holds 44,997 shares, including a substantial block of unvested equity awards.
Rhea-AI Filing Summary
SITIME Corp (SITM) executive Vincent P. Pangrazio, EVP, Chief Legal Officer & Corporate Secretary, reported selling 3,000 shares of common stock on September 11, 2026 at $625 per share in an open-market or private transaction. After this sale, he directly holds 44,997 shares, including 29,322 unvested restricted and performance-based restricted stock units that may vest over time or based on stock price performance. No Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
1 txn
Insider
Pangrazio Vincent P
Role
See Remarks
Sold
3,000 shs ($1.88M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,000 | $625.00 | $1.88M |
Holdings After Transaction:
Common Stock — 44,997 shares (Direct)
Footnotes (1)
- F1. Includes an aggregate of 29,322 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 12,698 restricted stock units that vest over time, and 16,624 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: 3,000 shares
Sale price per share: $625.00 per share
Approximate transaction value: $1,875,000
+4 more
7 metrics
Shares sold
3,000 shares
Common stock sale on September 11, 2026
Sale price per share
$625.00 per share
Common stock sale on September 11, 2026
Approximate transaction value
$1,875,000
3,000 shares sold at $625.00 per share
Shares held after transaction
44,997 shares
Direct common stock holdings after the sale
Unvested equity awards
29,322 shares
Common stock issuable from unvested restricted and performance-based stock units
Time-vesting RSUs
12,698 units
Restricted stock units that vest over time
Performance-based RSUs
16,624 units
Units vesting based on absolute and relative stock price performance
Key Terms
restricted stock units, performance-based restricted stock units, absolute and relative price performance
3 terms
restricted stock units financial
"Includes an aggregate of 29,322 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.
absolute and relative price performance financial
"that vest based on certain absolute and relative price performance of the issuer's common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SITM report for Vincent P. Pangrazio?
SITIME Corp reported that Vincent P. Pangrazio sold 3,000 shares of common stock on September 11, 2026 at $625 per share in an open-market or private transaction, as disclosed in a Form 4 filing.
Does the SITM Form 4 indicate trades under a Rule 10b5-1 plan?
No. The Form 4 for SITIME Corp indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this transaction.
How many unvested equity awards does Vincent P. Pangrazio have in SITM?
The footnote states he has 29,322 unvested common shares underlying equity awards, including 12,698 restricted stock units that vest over time and 16,624 performance-based restricted stock units that vest based on stock price performance.
What type of security was involved in Vincent P. Pangrazio’s SITM transaction?
The Form 4 reports a transaction in Common Stock of SITIME Corp, categorized as a non-derivative security.
AI-generated analysis. How Rhea-AI works. Not financial advice.