SiTime (SITM) officer sells 1,709 shares, retains 81,436-share stake
Rhea-AI Filing Summary
SiTime Corp officer Fariborz Assaderaghi sold 1,709 shares of common stock in an open-market transaction at a weighted average price of $731.49 per share. The trades occurred on May 22, 2026 at prices ranging from $725.05 to $741.48 per share. After the sale, he directly owned 81,436 shares, including 76,830 shares underlying unvested restricted and performance-based stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,709 shares
Net Sell
1 txn
Insider
Assaderaghi Fariborz
Role
See Remarks
Sold
1,709 shs ($1.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,709 | $731.49 | $1.25M |
Holdings After Transaction:
Common Stock — 81,436 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 $725.05 to $741.48 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: 1,709 shares
Weighted average sale price: $731.49 per share
Trade price range: $725.05–$741.48 per share
+4 more
7 metrics
Shares sold
1,709 shares
Open-market sale on May 22, 2026
Weighted average sale price
$731.49 per share
Price reported for 1,709-share sale
Trade price range
$725.05–$741.48 per share
Range for individual sale transactions
Shares held after sale
81,436 shares
Direct ownership following transaction
Unvested stock units
76,830 shares
Shares issuable from unvested RSUs and PRSUs
Time-based RSUs
32,013 units
Restricted stock units that vest over time
Performance-based RSUs
44,817 units
Units vesting on stock price performance
Key Terms
weighted average price, restricted stock units, performance-based restricted stock units, absolute and relative price performance
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.
absolute and relative price performance financial
"that vest based on certain absolute and relative price performance of the issuer's common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SiTime (SITM) report for Fariborz Assaderaghi?
SiTime reported that officer Fariborz Assaderaghi sold 1,709 shares of common stock in an open-market transaction. The sale occurred at a weighted average price of $731.49 per share, with individual trade prices between $725.05 and $741.48.
How many unvested stock units are reported for the SiTime (SITM) officer?
The filing states that 76,830 shares are issuable from previously reported unvested awards. These consist of 32,013 time-based restricted stock units and 44,817 performance-based restricted stock units tied to absolute and relative stock price performance over various periods.
Is the SiTime (SITM) insider sale a market purchase or a private transfer?
The transaction is described as an open-market sale of common stock. The Form 4 specifies transaction code “S,” which corresponds to a sale in an open-market or private transaction, and characterizes this event as an open-market sale of 1,709 shares.