SITIME Corp·4

Mar 10, 9:13 PM ET

VASHIST RAJESH 4

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SITIME CEO Rajesh Vashist Gifts 48,000 Shares

What Happened
Rajesh Vashist, CEO of SITIME Corp (SITM), reported gifting a total of 48,000 shares of SITM common stock. The Form 4 shows a 48,000-share disposal at $0.00 and two 24,000-share acquisitions at $0.00 (reflecting transfers). Footnote F1 states these were bona fide gifts (for estate planning): 24,000 shares to Aldebran Rajesh Family Dynasty Trust DTD 09/23/2021 and 24,000 shares to Aldebran Rohini Family Dynasty Trust DTD 09/23/2021. No cash changed hands.

Key Details

  • Transaction(s) reported for period: 2026-03-06; Form 4 filed: 2026-03-10. Footnote F1 indicates the gifts were made on 2026-02-11 for estate-planning purposes.
  • Price: $0.00 per share (gift); total reported consideration $0.
  • Post-transaction holdings: the filing excerpt provided does not state a single net post-transaction beneficial-ownership total. Footnote F2 notes 324,680 shares issuable under unvested awards (94,634 time-based RSUs; 230,046 performance-based RSUs).
  • Ownership/control notes: Footnotes F3–F5 indicate certain reportable securities are owned directly by Aldebran Constellation LLC and the two family dynasty trusts, and the reporting person is one of the managers with voting and investment power over those shares.
  • Filing timeliness: Form 4 was filed March 10, 2026 and reports the transfers as of March 6, 2026; relative to that reporting date the filing appears timely.

Context
Gifts are typically estate-planning moves and do not necessarily reflect the insider’s view of the company’s near-term prospects. The filing also highlights substantial unvested equity awards and that some shares are held through entities/trusts where the CEO is a manager with voting/investment power, which can affect how control and beneficial ownership are interpreted.