SiTime (SITM) executive trims stake with 1,249-share stock sale

Rhea-AI Filing Summary

SiTime Corp officer Piyush B. Sevalia reported an open-market sale of 1,249 shares of common stock at $375.00 per share. After this transaction, he directly holds 87,916 shares.

A footnote explains that this holding includes 81,486 shares underlying unvested restricted stock units and performance-based restricted stock units, with 29,486 time-based units and 52,000 units tied to stock price performance over various periods.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sevalia Piyush B

(Last) (First) (Middle)

C/O SITIME CORPORATION

5451 PATRICK HENRY DRIVE

(Street)

SANTA CLARA CALIFORNIA 95054

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SITIME Corp [ SITM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/25/2026		S		1,249	D	$375	87,916(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes an aggregate of 81,486 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 29,486 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.

Remarks:

EVP, Marketing

	Samsheer Ahamad, Attorney-in-fact	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SiTime (SITM) report for Piyush B. Sevalia?

SiTime reported that officer Piyush B. Sevalia executed an open-market sale of 1,249 shares of common stock at $375.00 per share. This Form 4 filing reflects a single sell transaction, not a series of trades or option exercises.

How many SiTime (SITM) shares does Piyush B. Sevalia hold after the sale?

After the sale, Piyush B. Sevalia holds 87,916 shares of SiTime common stock directly. This figure, disclosed in the filing, represents his total direct ownership immediately following the 1,249-share open-market sale.

What unvested equity awards does Piyush B. Sevalia have at SiTime (SITM)?

Piyush B. Sevalia has 81,486 shares tied to unvested equity awards. These consist of 29,486 time-based restricted stock units and 52,000 performance-based units that depend on absolute and relative stock price performance over specified periods.

Was the SiTime (SITM) insider transaction a market sale or an option exercise?

The transaction was a market sale, not an option exercise. The Form 4 classifies it as an open-market or private sale of common stock, with no derivative securities exercised or converted in connection with this reported trade.

Does the SiTime (SITM) Form 4 show any derivative or option positions for Piyush B. Sevalia?

The Form 4 does not list any active derivative positions such as stock options for Piyush B. Sevalia. Instead, the footnote highlights unvested restricted stock units and performance-based units that may convert into shares in the future.