SiTime (SITM) officer disposes 1,843 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiTime Corp executive officer Vincent P. Pangrazio reported a tax-withholding disposition of shares. On February 20, 2026, he disposed of 1,843 shares of common stock at an implied value of $406.97 per share to cover tax obligations. After this transaction, he held 58,854 shares directly, including 46,716 shares underlying previously reported restricted stock units and performance-based units that remain unvested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pangrazio Vincent P
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,843 | $406.97 | $750K |
Holdings After Transaction:
Common Stock — 58,854 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SiTime (SITM) officer Vincent Pangrazio report?
Vincent P. Pangrazio reported a tax-withholding disposition of SiTime common stock. He surrendered 1,843 shares to satisfy tax obligations associated with equity awards, rather than executing an open-market sale, under transaction code F on the Form 4.
What types of unvested equity awards does the SiTime (SITM) officer have?
His holdings include 46,716 shares issuable from unvested awards: 18,407 time-based restricted stock units and 28,309 performance-based restricted stock units. The performance-based units vest based on absolute and relative stock-price performance over specified periods.
Was the SiTime (SITM) insider Form 4 transaction an open-market stock sale?
No, the Form 4 describes a tax-withholding disposition under code F. Shares were delivered to satisfy tax liabilities tied to equity compensation, rather than being sold in an open-market transaction for investment or portfolio-management purposes.