SCHUELKE KATHERINE 4
Research Summary
AI-generated summary
SITIME (SITM) Director Katherine Schuelke Receives Award
What Happened
Katherine Schuelke, a director of SITIME Corp (SITM), received a grant of 390 restricted stock units (RSUs) reported on June 1, 2026. The Form 4 shows an acquisition (code A) of 390 shares at $0.00 — this reflects an award rather than a cash purchase or sale. The award carries no immediate cash value reported and will not convert to owned shares until vesting.
Key Details
- Transaction date: 2026-06-01; Report filed: 2026-06-02 (timely).
- Grant: 390 RSUs, reported acquisition price $0.00 (award/grant, code A).
- Vesting: Footnote states the RSU award vests in full on May 20, 2027.
- Unvested shares: Filing notes these 390 shares are issuable pursuant to the RSU and have not yet vested.
- Shares owned after transaction: Not specified in the Form 4 (the filing only reports the unvested RSUs).
- No 10b5-1 plan, tax withholding, or immediate sale indicated in the filing.
Context
This is a standard equity award to a director and is not a market purchase or sale. Awards like RSUs are common as compensation or retention incentives and do not necessarily signal near-term buying or selling intent. Retail investors should note these RSUs only become shares if/when they vest on the stated date.