SiTime (NASDAQ: SITM) finance chief shifts 17K shares to family trust
Rhea-AI Filing Summary
SITIME Corp (SITM) officer Samsheer Ahamad, SVP Finance and Chief Accounting Officer, reported two non-derivative transactions in common stock. On March 13, 2026, he made a bona fide gift of 17,167 shares to The Samsheer and Zarifa Ahamad Revocable Living Trust, which now holds the reportable securities with his voting and investment power. On August 20, 2026, 1,484 shares were disposed of to pay exercise price or tax liability by delivering or withholding shares at a reported $598.81 per share. The filing notes the transfer to the trust was reported late due to an administrative error.
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Insights
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Insider Trade Summary
Net Seller: 18,651 shares
Net Sell
3 txns
Insider
Ahamad Samsheer
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F2 | 1,484 | $598.81 | $889K |
| Gift | Common Stock F1 | 17,167 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,689 shares (Direct);
Common Stock — 17,167 shares (Indirect, See Footnote)
Footnotes (3)
- F1. On March 13, 2026, the Reporting Person made a bona fide gift for estate planning purposes of 17,167 shares of the Issuer's common stock to The Samsheer and Zarifa Ahamad Revocable Living Trust.
- F2. Includes an aggregate of 24,014 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 11,080 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.
- F3. The reportable securities are owned directly by The Samsheer and Zarifa Ahamad Revocable Living Trust, of which the Reporting Person is one of the managers and has voting and investment power over the shares.
Key Figures
Gifted shares: 17,167 shares
Exercise price or tax payment shares: 1,484 shares
Transaction price per share: $598.81 per share
+4 more
7 metrics
Gifted shares
17,167 shares
Common stock given as a bona fide gift on March 13, 2026
Exercise price or tax payment shares
1,484 shares
Common stock delivered or withheld on August 20, 2026
Transaction price per share
$598.81 per share
Price for the 1,484-share exercise price or tax liability disposition
Unvested stock units
24,014 shares
Shares issuable from unvested restricted stock units and performance-based RSUs
Time-based RSUs
11,080 units
Restricted stock units that vest over time
Performance-based RSUs
12,934 units
Performance-based RSUs vesting on absolute and relative price performance
Trust indirect holdings
17,167 shares
Indirect common stock holdings by Revocable Living Trust as of March 13, 2026
Key Terms
bona fide gift, restricted stock units, performance-based restricted stock units, Revocable Living Trust, +1 more
5 terms
bona fide gift financial
"made a bona fide gift for estate planning purposes of 17,167 shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units financial
"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
"12,934 performance-based restricted stock units that vest based on certain absolute"
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.
Revocable Living Trust financial
"to The Samsheer and Zarifa Ahamad Revocable Living Trust"
voting and investment power financial
"one of the managers and has voting and investment power over the shares"
FAQ
What insider transactions did SITM officer Samsheer Ahamad report in this Form 4?
He reported two dispositions of SITIME Corp common stock: a bona fide gift of 17,167 shares on March 13, 2026 to The Samsheer and Zarifa Ahamad Revocable Living Trust, and a 1,484-share disposition on August 20, 2026 to pay exercise price or tax liability by delivering or withholding shares.
Did the Form 4 for SITM disclose any unvested equity awards for Samsheer Ahamad?
Yes. A footnote states there are 24,014 shares of SITIME common stock issuable from previously reported restricted stock units and performance-based restricted stock units that have not vested, including 11,080 time-based RSUs and 12,934 performance-based RSUs.
Was the SITM Form 4 for the trust transfer filed on time?
No. The remarks state that the transfer of shares to the trust reported in this Form 4 was filed late due to an administrative error.
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