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SITIME Corp·4

Feb 12, 6:44 PM ET

VASHIST RAJESH 4

Research Summary

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SITIME (SITM) CEO Rajesh Vashist Receives 80,500 RSU/PRSU Awards

What Happened
Rajesh Vashist, CEO of SITIME Corp (SITM), was granted a total of 80,500 shares in the form of restricted stock units (RSUs) and performance-based RSUs (PRSUs) on February 10, 2026. The awards were reported at $0.00 per share (no cash payment). The grant is recorded as five separate awards totaling 80,500 shares (4,639; 28,146; 5,419; 14,803; 27,493).

Key Details

  • Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (appears timely within the 2‑business-day requirement).
  • Transaction type/code: A = Award/Grant. Price reported: $0.00 per share (awarded, not purchased).
  • Total shares granted: 80,500 shares across five awards.
  • Shares owned after transaction: Not specifically stated in the filing. F6 notes an aggregate of 353,562 common shares issuable under previously reported unvested RSUs and PRSUs (123,516 time‑vested RSUs; 230,046 PRSUs contingent on performance).
  • Notable vesting/conditions from footnotes:
    • F1: Executive Bonus & Retention Plan RSUs — 50% vest May 20, 2026; 50% vest Aug 20, 2026.
    • F2 & F3: Additional PRSUs tied to prior PRSU awards (granted Mar 15, 2024 and Aug 12, 2024); these PRSU shares (56,292 and 10,838 respectively) vest on Feb 20, 2027 if performance targets are met.
    • F4: Time‑vested RSU tranche with 6.25% vesting on Feb 20, 2026 and quarterly thereafter.
    • F5: PRSUs vest only if specified relative total stockholder return (TSR) performance levels are achieved over multi-year periods.
  • Ownership disclosure notes (F7–F9): Some reportable securities are owned by trusts/LLC (Aldebran Rajesh Family Dynasty Trust, Aldebran Rohini Family Dynasty Trust, Aldebran Constellation LLC) for which the reporting person is a manager with voting and investment power.

Context
These grants are compensation awards (time‑ and performance‑based equity) rather than open‑market purchases or sales. RSUs/PRSUs are contingent on vesting schedules and/or future performance criteria, so their ultimate value to the insider depends on SITIME’s future stock price and the achievement of specified performance targets. Such awards are common executive compensation and do not by themselves indicate buying or selling sentiment.