SiTime (SITM) CFO Elizabeth Howe receives new restricted stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiTime EVP and CFO Elizabeth A. Howe received multiple stock awards in the form of restricted stock units and performance-based units on February 10, 2026. She acquired 1,806, 5,629, 4,093 and 4,093 shares of common stock at a price of $0 per share, bringing her directly held beneficial ownership to 72,554 shares.
The new awards vest over time and based on performance. One grant vests 50% on May 20, 2026 and 50% on August 20, 2026, while another vests 6.25% on February 20, 2026 and then quarterly. Performance-based units depend on achieving specified total stockholder return and other price performance targets over multi-year periods. Of the reported holdings, 68,000 shares are tied to unvested restricted and performance-based stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Howe Elizabeth A.
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,806 | $0.00 | -- |
| Grant/Award | Common Stock | 5,629 | $0.00 | -- |
| Grant/Award | Common Stock | 4,093 | $0.00 | -- |
| Grant/Award | Common Stock | 4,093 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 58,739 shares (Direct)
Footnotes (1)
- Restricted stock unit award under the Executive Bonus and Retention Plan vesting 50% of the shares on May 20, 2026 and 50% on August 20, 2026. Additional shares being granted upon the achievement of performance criteria for performance-based restricted stock units (PRSUs) initially granted on March 15, 2024. The total 11,258 shares granted under this PRSU award will vest on February 20, 2027. Restricted stock unit award vesting 6.25% of the shares on February 20, 2026 and quarterly thereafter. Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The PRSUs vest upon achievement of certain levels of relative total stockholder return over a performance period of three years by SiTime. Includes an aggregate of 68,000 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 47,318 restricted stock units that vest over time, and 20,682 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) report for CFO Elizabeth Howe?
SiTime reported that EVP and CFO Elizabeth Howe acquired several blocks of common stock through equity awards. On February 10, 2026, she received restricted and performance-based stock units at $0 per share, increasing her directly held beneficial ownership to 72,554 shares.
What types of stock awards did SiTime grant to its CFO on February 10, 2026?
SiTime granted Elizabeth Howe both time-based restricted stock units and performance-based restricted stock units. The time-based awards vest on specific calendar dates, while the performance-based units depend on achieving defined total stockholder return and other stock price performance targets over multi-year periods.
When will Elizabeth Howe’s new SiTime restricted stock units vest?
One restricted stock unit award vests 50% on May 20, 2026 and 50% on August 20, 2026. Another award vests 6.25% of the shares on February 20, 2026 and then quarterly, creating a staggered vesting schedule that extends beyond the initial vesting date.
How are SiTime’s performance-based restricted stock units for the CFO structured?
Each performance-based restricted stock unit represents a right to receive one share of common stock. The units vest only if SiTime achieves specified levels of relative total stockholder return and other absolute and relative price performance measures over a three-year performance period.
What is the size of the SiTime PRSU award linked to the February 2027 vesting date?
A performance-based restricted stock unit award for Elizabeth Howe totals 11,258 shares. These shares are granted upon achieving performance criteria and are scheduled to vest on February 20, 2027, subject to the satisfaction of the specified performance conditions described in the award.