SiTime (SITM) CEO logs tax-withholding share transfer and large unvested RSU stake
Rhea-AI Filing Summary
SITIME Corp Chief Executive Officer Rajesh Vashist reported compensation-related share movements involving company common stock. On May 20, 2026, 16,871 shares of common stock were disposed of at $697.00 per share as a tax-withholding disposition, meaning shares were delivered to cover exercise price or tax liabilities rather than sold in the open market.
After this transaction, Vashist held 432,898 shares of common stock directly. Indirectly, entities associated with him, including Aldebran Constellation LLC and two Aldebran family dynasty trusts, held a total of 25,809 shares after the reported transactions on May 21 and May 20, 2026. Footnotes also state that 291,529 shares of common stock are issuable from previously reported unvested restricted stock units and performance-based restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 0 | $0.00 | -- |
| Gift | Common Stock | 0 | $0.00 | -- |
| Tax Withholding | Common Stock | 16,871 | $697.00 | $11.76M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes an aggregate of 291,529 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 85,426 restricted stock units that vest over time, and 206,103 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 Constellation LLC, 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 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.