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SiTime (SITM) CEO Rajesh Vashist awarded new RSU and PRSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SiTime Corporation's chief executive officer and director, Rajesh Vashist, reported multiple equity awards of common stock on February 10, 2026. These grants include 4,639 restricted stock units under an Executive Bonus and Retention Plan that vest 50% on May 20, 2026 and 50% on August 20, 2026, plus additional performance-based restricted stock units tied to prior awards from March 15, 2024 and August 12, 2024 that fully vest on February 20, 2027 if performance goals are met. He also received a new restricted stock unit award vesting 6.25% on February 20, 2026 and quarterly thereafter. Following these awards, he directly beneficially owns 512,109 shares of common stock, which includes 353,562 unvested restricted and performance-based units, and indirectly holds additional shares through two family dynasty trusts and an LLC where he has voting and investment power.

Positive

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Negative

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Insights

CEO receives sizable stock and PRSU awards, but no open-market buying or selling.

The filing shows SiTime CEO Rajesh Vashist receiving several equity awards coded as grants at a price of $0 per share. These are a mix of time-based restricted stock units and performance-based restricted stock units linked to total shareholder return and stock price performance.

Footnotes indicate that 353,562 shares are tied to unvested restricted and performance-based awards, with vesting stretching to at least February 20, 2027. This emphasizes long-term, stock-based compensation rather than immediate cash pay, aligning leadership incentives with multi-year share performance.

The filing also lists indirect holdings via two family dynasty trusts and an LLC, where Vashist has voting and investment power. Overall, this is a routine compensation and ownership update; its actual impact depends on future vesting outcomes and the company’s relative total shareholder return over the stated performance periods.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
VASHIST RAJESH

(Last) (First) (Middle)
C/O SITIME CORPORATION
5451 PATRICK HENRY DR.

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SITIME Corp [ SITM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/10/2026 A 4,639(1) A $0 436,248 D
Common Stock 02/10/2026 A 28,146(2) A $0 464,394 D
Common Stock 02/10/2026 A 5,419(3) A $0 469,813 D
Common Stock 02/10/2026 A 14,803(4) A $0 484,616 D
Common Stock 02/10/2026 A 27,493(5) A $0 512,109(6) D
Common Stock 1,809 I See Footnote(7)
Common Stock 1,809 I See Footnote(8)
Common Stock 24,781 I See Footnote(9)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. 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 56,292 shares granted under this PRSU award will vest on February 20, 2027.
3. Additional shares being granted upon the achievement of performance criteria for performance-based restricted stock units (PRSUs) initially granted on August 12, 2024. The total 10,838 shares granted under this PRSU award will vest on February 20, 2027.
4. Restricted stock unit award vesting 6.25% of the shares on February 20, 2026 and quarterly thereafter.
5. 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.
6. Includes an aggregate of 353,562 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 123,516 restricted stock units that vest over time, and 230,046 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.
7. The reportable securities are owned directly by Aldebran Rajesh Family Dynasty Trust DTD 09/23/2021, of which the Reporting Person is one of the managers and has voting and investment power over the shares.
8. The reportable securities are owned directly by Aldebran Rohini Family Dynasty Trust DTD 09/23/2021, of which the Reporting Person is one of the managers and has voting and investment power over the shares.
9. The reportable securities are owned directly by Aldebran Constellation LLC, of which the Reporting Person is one of the managers and has voting and investment power over the shares.
Remarks:
Samsheer Ahamad, Attorney-in-fact 02/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SiTime (SITM) CEO Rajesh Vashist report in this Form 4?

Rajesh Vashist reported multiple equity awards of SiTime common stock granted on February 10, 2026. These include time-based restricted stock units and performance-based restricted stock units that vest over several years, updating his direct and indirect beneficial ownership position in the company.

How many SiTime (SITM) shares does the CEO own after the reported grants?

After the reported grants, Rajesh Vashist directly beneficially owns 512,109 SiTime common shares. This figure includes 353,562 shares tied to unvested restricted stock units and performance-based restricted stock units that vest over time and upon achieving specified stock performance conditions.

What are the key vesting dates for the new SiTime (SITM) CEO awards?

One award vests 50% on May 20, 2026 and 50% on August 20, 2026. Additional performance-based awards tied to March 15, 2024 and August 12, 2024 grants fully vest on February 20, 2027, subject to achieving defined performance criteria and total shareholder return levels.

What performance conditions apply to the SiTime (SITM) CEO performance-based RSUs?

The performance-based restricted stock units vest based on achieving certain levels of relative total stockholder return and specified absolute and relative price performance of SiTime’s common stock. These conditions are measured over multi-year performance periods defined in the awards’ terms.

Does the SiTime (SITM) CEO hold shares indirectly through other entities?

Yes. The filing notes indirect ownership through two Aldebran family dynasty trusts and Aldebran Constellation LLC. Rajesh Vashist is a manager of these entities and holds voting and investment power over their SiTime common stock positions, in addition to his direct holdings.

Are the SiTime (SITM) CEO’s new stock grants open-market purchases?

No. The transactions are coded as grants or awards at a price of $0 per share, indicating equity compensation rather than open-market purchases. They consist of restricted stock units and performance-based restricted stock units subject to time-based and performance-related vesting schedules.
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