VASHIST RAJESH 4
4 · SITIME Corp · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
SITIME (SITM) CEO Rajesh Vashist Sells 16,871 Shares to Cover Taxes
What Happened
Rajesh Vashist, CEO of SITIME Corp (SITM), reported a disposition of 16,871 shares on 2026-05-20 to cover tax or exercise-related obligations. The shares were reported at $697.00 each, for a total value of $11,759,087. The filing also lists two gift entries on 2026-05-21 showing 0 shares acquired.
Key Details
- Transaction type: F (payment of exercise price or tax liability) — 16,871 shares disposed.
- Price and value: $697.00 per share; total $11,759,087.
- Dates filed/reported: Period of report 2026-05-20; Form filed 2026-05-22 (appears timely).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes of note:
- F1: 291,529 shares issuable under previously reported restricted stock units (RSUs) and performance-based RSUs remain unvested (85,426 time-based RSUs; 206,103 performance RSUs tied to stock performance).
- F2–F4: Some reportable securities are owned by entities/trusts (Aldebran Constellation LLC and two Aldebran family dynasty trusts) over which the reporting person is a manager with voting and investment power.
- Two gift entries on 2026-05-21 report 0 shares — no change in holdings.
Context
Code F transactions typically reflect shares surrendered or sold to satisfy tax withholding after an option exercise or RSU vesting, not an open-market directional sale. Such tax-withholding dispositions are routine and do not necessarily indicate the insider’s market view. The filing does not indicate a purchase or 10% owner transaction.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-20$697.00/sh−16,871$11,759,087→ 432,898 total - Gift
Common Stock
[F3]2026-05-21+0→ 25,809 total(indirect: See Footnote) - Gift
Common Stock
[F4]2026-05-21+0→ 25,809 total(indirect: See Footnote)
- 24,781(indirect: See Footnote)
Common Stock
[F2]
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.