SiTime (NASDAQ: SITM) exec uses 6,048 shares for tax withholding

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SiTime Corp officer Piyush B. Sevalia reported a routine tax-related share disposition. On this Form 4, 6,048 shares of common stock were withheld at $697.00 per share to cover tax obligations, a non‑market transaction categorized as a tax-withholding disposition.

After this event, Sevalia directly holds 78,202 shares of common stock. This position includes 69,607 shares underlying unvested restricted stock units and performance-based restricted stock units, made up of 24,790 time-based units and 44,817 units that vest based on specified stock price performance over various periods.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sevalia Piyush B

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	6,048	$697.00	$4.22M

Holdings After Transaction: Common Stock — 78,202 shares (Direct, null)

Footnotes (1)

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Key Figures

Tax-withholding shares: 6,048 shares Tax-withholding price: $697.00 per share Shares held after transaction: 78,202 shares +3 more

6 metrics

Tax-withholding shares 6,048 shares Shares delivered to cover tax liability

Tax-withholding price $697.00 per share Value used for tax-withholding disposition

Shares held after transaction 78,202 shares Direct common stock holdings after disposition

Total unvested RSUs/PSUs 69,607 shares Unvested restricted and performance-based stock units

Time-based RSUs 24,790 units Restricted stock units that vest over time

Performance-based RSUs 44,817 units Units vesting on stock price performance

Key Terms

tax-withholding disposition, restricted stock units, performance-based restricted stock units

3 terms

tax-withholding disposition financial

"a non‑market transaction categorized as a tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

restricted stock units financial

"unvested restricted stock units and performance-based 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

"performance-based restricted stock units that vest based on certain absolute and relative price performance"

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.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 08:15 AM

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^*

Sevalia Piyush B

(Last)

(First)

(Middle)

C/O SITIME CORPORATION

5451 PATRICK HENRY DRIVE

(Street)

SANTA CLARA

CALIFORNIA

95054

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SITIME Corp [ SITM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/20/2026		F		6,048	D	$697	78,202⁽¹⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes an aggregate of 69,607 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 24,790 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.

Remarks:

EVP, Chief Business Officer

	Samsheer Ahamad, Attorney-in-fact	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SiTime (SITM) report for Piyush B. Sevalia?

SiTime reported that officer Piyush B. Sevalia had 6,048 shares withheld to cover taxes. The shares were withheld at $697.00 per share, classified as a tax-withholding disposition rather than an open-market sale.

Was the SiTime (SITM) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 6,048 shares of common stock were delivered at $697.00 per share to satisfy tax liabilities associated with equity compensation.

How many SiTime (SITM) shares does Piyush B. Sevalia hold after this filing?

Following the tax-withholding disposition, Piyush B. Sevalia directly holds 78,202 shares of SiTime common stock. This figure reflects his position after 6,048 shares were used to cover tax obligations on equity awards.

What restricted stock units does the SiTime (SITM) officer have outstanding?

The filing notes 69,607 unvested restricted stock units and performance-based units. These consist of 24,790 time-based restricted stock units and 44,817 performance-based units tied to absolute and relative stock price performance over set periods.

What does 'tax-withholding disposition' mean in the SiTime (SITM) Form 4?

A tax-withholding disposition means shares are delivered to cover tax obligations on vested equity awards. In this case, 6,048 SiTime shares at $697.00 per share were used to pay taxes, rather than being sold on the open market.