SITIME (SITM) officer sells 4,984 shares and withholds 3,759 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SITIME Corp officer Fariborz Assaderaghi reported two stock dispositions. On February 24, 2026, he executed an open-market sale of 4,984 shares of common stock at a weighted average price of $406.45 per share, leaving 89,194 shares held directly.
On February 20, 2026, he disposed of 3,759 shares at $406.97 per share to cover taxes through share withholding. The direct holdings figure includes 88,710 unvested shares tied to restricted stock units and performance-based units, with 36,710 vesting over time and 52,000 vesting based on stock price performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,984 shares ($2,025,747)
Net Sell
2 txns
Insider
Assaderaghi Fariborz
Role
See Remarks
Sold
4,984 shs ($2.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,984 | $406.45 | $2.03M |
| Tax Withholding | Common Stock | 3,759 | $406.97 | $1.53M |
Holdings After Transaction:
Common Stock — 89,194 shares (Direct)
Footnotes (1)
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $397.53 to $410.47 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Includes an aggregate of 88,710 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 36,710 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.
FAQ
What insider transactions were reported for SITM in this Form 4?
The filing shows two transactions by officer Fariborz Assaderaghi: an open-market sale of 4,984 SITIME common shares at a weighted average of $406.45, and a 3,759-share tax-withholding disposition at $406.97 per share.
What unvested SITM equity awards are included in the insider’s holdings?
The holdings include 88,710 unvested SITIME shares from prior equity awards. These comprise 36,710 time-based restricted stock units that vest over time and 52,000 performance-based units that vest based on absolute and relative stock price performance over various periods.