SiTime (SITM) CEO uses 14,340 shares for equity award tax withholding
Rhea-AI Filing Summary
SiTime Corp Chief Executive Officer Rajesh Vashist reported a tax-withholding disposition of common stock. On February 20, 2026, he transferred 14,340 shares of SiTime common stock at $406.97 per share to cover tax obligations related to equity compensation, using transaction code F.
After this transaction, Vashist directly owned 497,769 common shares, which include an aggregate of 324,680 shares issuable from unvested restricted stock units and performance-based units tied to absolute and relative stock price performance over various periods. He also has indirect ownership of 1,809 and 1,809 shares through the Aldebran Rajesh and Rohini Family Dynasty Trusts and 24,781 shares through Aldebran Constellation LLC, where he is a manager with voting and investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 14,340 | $406.97 | $5.84M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes an aggregate of 324,680 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 94,634 restricted stock units that vest over time, and 230,046 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. 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. 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. 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.