SITIME Corp (NASDAQ: SITM) officer sells 1,247 common shares

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

SITIME Corp officer Piyush B. Sevalia reported an open-market sale of 1,247 shares of common stock at $425.00 per share. After this transaction, he directly holds 86,669 shares of common stock. This total includes 81,486 unvested restricted and performance-based restricted stock units that may vest over time or based on stock price performance.

Insider Trade Summary 10b5-1

Net Seller: 1,247 shares ($529,975)

Net Sell 1 txn

Insider Sevalia Piyush B

Role See Remarks

Sold 1,247 shs ($530K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,247	$425.00	$530K

Holdings After Transaction: Common Stock — 86,669 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 1,247 shares Sale price per share: $425.00 per share Shares held after transaction: 86,669 shares +3 more

6 metrics

Shares sold 1,247 shares Open-market sale on 2026-04-10

Sale price per share $425.00 per share Open-market sale of common stock

Shares held after transaction 86,669 shares Total direct holdings following sale

Unvested equity awards 81,486 shares Common stock issuable from unvested RSUs and performance-based RSUs

Time-based RSUs 29,486 units Restricted stock units that vest over time

Performance-based RSUs 52,000 units Units vesting on absolute and relative stock price performance

Key Terms

restricted stock units, performance-based restricted stock units, open-market sale, non-derivative

4 terms

restricted stock units financial

"Includes an aggregate of 81,486 shares of common stock issuable pursuant to previously reported 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

"52,000 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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

""transaction_type": "non-derivative""

Form 4 Insider Transactions: What Each Field Means →

04/14/2026 - 05:43 PM

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)
04/10/2026

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	04/10/2026		S		1,247	D	$425	86,669⁽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 81,486 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 29,486 restricted stock units that vest over time, and 52,000 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	04/14/2026
	** 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 Corp (SITM) report for Piyush B. Sevalia?

SITIME Corp reported that officer Piyush B. Sevalia completed an open-market sale of 1,247 shares of common stock. The shares were sold at a price of $425.00 per share, according to a recent Form 4 insider trading disclosure.

At what price were the SITIME Corp (SITM) shares sold by Piyush B. Sevalia?

The reported transaction shows Piyush B. Sevalia sold 1,247 shares of SITIME Corp common stock at $425.00 per share. This reflects an open-market sale as disclosed in the Form 4 filing with the U.S. Securities and Exchange Commission.

How many SITIME Corp (SITM) shares does Piyush B. Sevalia hold after the sale?

Following the reported sale, Piyush B. Sevalia holds 86,669 shares of SITIME Corp common stock. This figure includes both currently held shares and 81,486 unvested restricted and performance-based restricted stock units referenced in the Form 4 footnote.

What unvested equity awards does Piyush B. Sevalia have in SITIME Corp (SITM)?

The filing notes that 81,486 shares are tied to unvested equity awards. These include 29,486 time-based restricted stock units and 52,000 performance-based restricted stock units that vest based on absolute and relative stock price performance over specified periods.

Is the SITIME Corp (SITM) insider transaction a buy or a sell by Piyush B. Sevalia?

The disclosed insider transaction is a sale. Piyush B. Sevalia executed an open-market sale of 1,247 shares of SITIME Corp common stock, coded as an “S” transaction, which indicates a sale in the Form 4 reporting framework.

Does the SITIME Corp (SITM) Form 4 show any derivative or option exercises by Piyush B. Sevalia?

The Form 4 data indicates no derivative or option exercises in this filing. It reports only a single non-derivative open-market sale of common stock, with no separate derivative transactions listed in the derivative transaction summary.