SITIME (SITM) Director Katherine Schuelke Sells 500 Shares

What Happened Katherine Schuelke, a director of SITIME Corp (SITM), sold 500 shares in an open-market transaction on August 11, 2026. The shares were disposed at $698.05 each for a total proceeds of approximately $349,025. This was a sale (code S), not a purchase or option exercise.

Key Details

• Transaction date: 2026-08-11 (reported on Form 4 filed 2026-08-12). Filing appears timely.
• Price and value: 500 shares × $698.05 = $349,025 total proceeds.
• Shares owned after transaction: Not specified in the filing; filing notes include unvested awards (see below).
• Footnote: F1 states the filing "includes an aggregate of 390 shares of common stock issuable pursuant to the restricted stock unit award reported pursuant to this Form 4 that has not yet vested."
• No 10b5-1 plan, tax withholding, or other special disposition method was disclosed in the filing.

Context This was an open-market sale by a company director. Sales by insiders can be routine (diversification or liquidity) and do not by themselves indicate management’s view of the company’s prospects. There’s no information in this filing about any accompanying purchases or plans to buy more shares.