SiTime officer disposes shares for tax withholding
SiTime Corp executive officer Vincent P. Pangrazio reported a tax-withholding disposition of shares.
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.
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Insider Trade Summary
Exercise Price or Tax Liability: 1,843 shares
Exercise Price or Tax Liability
1 txn
Insider
Pangrazio Vincent P
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,843 | $406.97 | $750K |
Holdings After Transaction:
Common Stock — 58,854 shares (Direct)
Footnotes (1)
- F1. Includes an aggregate of 46,716 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 18,407 restricted stock units that vest over time, and 28,309 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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.