SiTime CEO gifts 96,000 company shares
SiTime Corp Chief Executive Officer Rajesh Vashist reported non-market gifts of 96,000 shares of SiTime common stock.
Rhea-AI Filing Summary
SiTime Corp Chief Executive Officer Rajesh Vashist reported non-market gifts of 96,000 shares of SiTime common stock. On February 11, 2026, he made bona fide gifts for estate planning purposes, including 24,000 shares each to the Aldebran Rajesh Family Dynasty Trust and the Aldebran Rohini Family Dynasty Trust.
Following these gifts, he directly holds 449,769 shares of common stock. Footnotes also state that 324,680 additional shares are issuable from previously reported unvested restricted stock units and performance-based restricted stock units, which vest over time and based on the share price performance of SiTime common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 48,000 | $0.00 | $0.00 |
| Gift | Common Stock | 24,000 | $0.00 | $0.00 |
| Gift | Common Stock | 24,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. On February 11, 2026, the Reporting Person made a bona fide gift for estate planning purposes of 24,000 shares each of the Issuer's common stock to Aldebran Rajesh Family Dynasty Trust DTD 9/23/2021 and Aldebran Rohini Family Dynasty Trust DTD 9/23/2021, respectively.
- F2. Includes an aggregate of 324,680 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 94,634 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.
- F3. 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.
- F4. 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.
- F5. 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.
FAQ
What insider transaction did SiTime (SITM) CEO Rajesh Vashist report on this Form 4?
Does the SiTime (SITM) CEO still hold a significant direct stake after the reported gifts?
What unvested equity awards does the SiTime (SITM) CEO have according to this Form 4?
Through which entities does the SiTime (SITM) CEO hold indirect interests in company stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.