SiTime CEO sells 12,000 shares at $603.47 avg
SITIME Corp’s CEO sold 12,000 shares on September 9, 2026 and continues to hold substantial direct and indirect equity, including significant unvested stock units.
Rhea-AI Filing Summary
SITIME Corp (SITM) reported that its Chief Executive Officer and director, Rajesh Vashist, sold 12,000 shares of common stock on September 9, 2026 in open-market or private transactions at a weighted average price of $603.47 per share, with individual trade prices ranging from $600.00 to $606.00 per share. Following this sale, he held 345,544 shares directly, including 234,434 shares underlying previously reported restricted stock units and performance-based restricted stock units that have not vested.
The unvested equity awards consist of 76,217 restricted stock units that vest over time and 158,217 performance-based restricted stock units that vest based on specified absolute and relative price performance of SITIME Corp’s common stock over various performance periods. In addition, securities are held indirectly through Aldebran Constellation LLC and two family dynasty trusts, for which Rajesh Vashist serves as a manager with voting and investment power. No transactions in this filing are reported as being made under a Rule 10b5-1 trading plan.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 12,000 shares
Net Sell
4 txns
Insider
VASHIST RAJESH
Role
Chief Executive Officer
Sold
12,000 shs ($7.24M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 12,000 | $603.47 | $7.24M |
| Gift | Common Stock F4 | 0 | $0.00 | $0.00 |
| Gift | Common Stock F5 | 0 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 345,544 shares (Direct);
Common Stock — 36,240 shares (Indirect, See Footnote)
Footnotes (5)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $606.00 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.
- F2. Includes an aggregate of 234,434 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 76,217 restricted stock units that vest over time, and 158,217 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.
Key Figures
Shares sold: 12,000 shares
Weighted average sale price: $603.47 per share
Sale price range: $600.00–$606.00 per share
+4 more
7 metrics
Shares sold
12,000 shares
Common stock sold by the CEO on September 9, 2026
Weighted average sale price
$603.47 per share
Average price for the 12,000 shares sold on September 9, 2026
Sale price range
$600.00–$606.00 per share
Price range of individual trades on September 9, 2026
Direct holdings after sale
345,544 shares
Common stock directly held by the CEO following the reported sale
Unvested equity units
234,434 shares
Shares underlying unvested restricted stock units and performance-based restricted stock units included in direct holdings
Time-based restricted stock units
76,217 units
Unvested restricted stock units that vest over time
Performance-based restricted stock units
158,217 units
Unvested performance-based restricted stock units tied to stock price performance
Key Terms
restricted stock units, performance-based restricted stock units, weighted average price, absolute and relative price performance
4 terms
restricted stock units financial
"These unvested units include 76,217 restricted stock units that vest over time"
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
"and 158,217 performance-based restricted stock units that vest based on certain absolute"
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.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
absolute and relative price performance financial
"that vest based on certain absolute and relative price performance of the issuer's common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SITIME Corp (SITM) disclose for its CEO?
SITIME Corp disclosed that CEO and director Rajesh Vashist sold 12,000 shares of common stock on September 9, 2026 in open-market or private transactions, at a weighted average price of $603.47 per share, with trade prices between $600.00 and $606.00 per share.
What unvested equity awards in SITM stock does the CEO have?
Rajesh Vashist has unvested awards covering 234,434 shares, consisting of 76,217 restricted stock units that vest over time and 158,217 performance-based restricted stock units that vest based on certain absolute and relative price performance of SITIME Corp’s common stock over various performance periods.
Does the SITM CEO hold any indirect ownership interests in company stock?
Yes. Securities are owned directly by Aldebran Constellation LLC and by two family dynasty trusts dated September 23, 2021, and Rajesh Vashist is one of the managers of each and has voting and investment power over the shares held by these entities.
Were the SITM insider transactions executed under a Rule 10b5-1 trading plan?
No. The disclosure indicates that no Rule 10b5-1 trading plan is reported for the transactions described, meaning the sale and related holdings were not affirmatively identified as occurring under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
