SiTime officer sells 1,500 shares in open market
SiTime Corp officer Fariborz Assaderaghi reported an open-market sale of 1,500 shares of common stock on May 29, 2026 at a weighted average price of $712.72 per share.
Rhea-AI Filing Summary
SiTime Corp officer Fariborz Assaderaghi reported an open-market sale of 1,500 shares of common stock on May 29, 2026 at a weighted average price of $712.72 per share. The shares were sold in multiple trades between $700.00 and $719.53 per share.
After this transaction, he holds 79,936 shares of common stock, including 76,830 unvested units tied to restricted stock and performance-based awards that vest over time and based on stock price performance.
Positive
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Negative
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Insider Trade Summary
Net Seller: 1,500 shares
Net Sell
1 txn
Insider
Assaderaghi Fariborz
Role
See Remarks
Sold
1,500 shs ($1.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,500 | $712.72 | $1.07M |
Holdings After Transaction:
Common Stock — 79,936 shares (Direct)
Footnotes (2)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $700.00 to $719.53 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 76,830 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 32,013 restricted stock units that vest over time, and 44,817 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.
Key Figures
Shares sold: 1,500 shares
Weighted average sale price: $712.72 per share
Sale price range: $700.00–$719.53 per share
+4 more
7 metrics
Shares sold
1,500 shares
Open-market sale on May 29, 2026
Weighted average sale price
$712.72 per share
Common stock sale
Sale price range
$700.00–$719.53 per share
Multiple transactions within range
Shares held after transaction
79,936 shares
Post-sale common stock holdings
Unvested equity units
76,830 shares
Total unvested RSUs and performance-based RSUs
Time-based RSUs
32,013 units
Vest over time
Performance-based RSUs
44,817 units
Vest based on stock price performance
Key Terms
weighted average price, restricted stock units, performance-based restricted stock units, open-market sale
4 terms
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.
restricted stock units financial
"Includes an aggregate of 76,830 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units"
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
"44,817 performance-based restricted stock units that vest based on certain absolute and relative price performance"
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SITIME Corp (SITM) report for Fariborz Assaderaghi?
SITIME Corp reported that officer Fariborz Assaderaghi sold 1,500 shares of common stock in an open-market transaction. The sale occurred on May 29, 2026, and was reported on a Form 4 insider trading filing with the SEC.
What unvested equity awards are reported for the SITIME (SITM) insider?
The filing notes 76,830 shares issuable from unvested equity awards. These include 32,013 time-based restricted stock units and 44,817 performance-based restricted stock units that vest based on absolute and relative stock price performance over various periods.
Was the SITIME (SITM) insider sale a market transaction or a private transfer?
The Form 4 describes the transaction as an open-market sale of common stock. The sale used transaction code “S,” which indicates a sale in the open market or comparable private transaction, with pricing detailed in the accompanying footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
