Insider at SiTime (NASDAQ: SITM) sells stock and donates shares
Rhea-AI Filing Summary
SiTime Corp executive Samsheer Ahamad reported multiple equity grants, a stock sale, and a charitable transfer. On February 10, 2026, he acquired 1,801, 3,070, 2,728 and 2,728 shares of common stock at a grant price of $0 through restricted stock unit and performance-based restricted stock unit awards with vesting tied to specific future dates and performance conditions.
On February 11, 2026, he sold 9,100 shares of common stock in an open-market transaction at $441.47 per share. Separately, 900 shares were transferred as a bona fide gift to Stifel Charitable Inc., FBO the Ahamad Family Foundation; those shares are owned directly by Stifel Charitable Inc., and he has no voting or investment power over them. Following these transactions, he beneficially owned 52,038 shares directly, including 34,871 shares issuable from unvested restricted and performance-based stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,100 | $441.47 | $4.02M |
| Gift | Common Stock | 900 | $0.00 | -- |
| Grant/Award | Common Stock | 1,801 | $0.00 | -- |
| Grant/Award | Common Stock | 3,070 | $0.00 | -- |
| Grant/Award | Common Stock | 2,728 | $0.00 | -- |
| Grant/Award | Common Stock | 2,728 | $0.00 | -- |
Footnotes (1)
- Restricted stock unit award under the Executive Bonus and Retention Plan vesting 50% of the shares on May 20, 2026 and 50% on August 20, 2026. Additional shares being granted upon the achievement of performance criteria for performance-based restricted stock units (PRSUs) initially granted on March 15, 2024. The total 6,140 shares granted under this PRSU award will vest on February 20, 2027. Restricted stock unit award vesting 6.25% of the shares on February 20, 2026 and quarterly thereafter. Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The PRSUs vest upon achievement of certain levels of relative total stockholder return over a performance period of three years by SiTime. On February 12, 2026, the Reporting Person made a bona fide gift for donation purposes of 900 shares of the Issuer's common stock to Stifel Charitable Inc, FBO the Ahamad Family Foundation. The reportable securities are owned directly by Stifel Charitable Inc, and the Reporting Person does not have voting or investment power over the shares. Includes an aggregate of 34,871 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units and that have not vested. These unvested units include 21,937 restricted stock units that vest over time, and 12,934 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.
