VASHIST RAJESH 4
4 · SITIME Corp · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
SITIME (SITM) CEO Rajesh Vashist Sells 40,000 Shares
What Happened
Rajesh Vashist, CEO of SITIME Corp (SITM), sold a total of 40,000 shares in open-market transactions on June 3, 2026. The filing reports two dispositions: 30,000 shares and 10,000 shares, reported at a weighted-average price of $701.13 per share, for aggregate proceeds of approximately $28,045,200. These were outright sales (transaction code S), not option exercises or awards.
Key Details
- Transaction date: 2026-06-03 (reported on Form 4 filed 2026-06-05). Filing appears timely.
- Prices: weighted average $701.13; reported range of sale prices $694.94 to $707.33 per share (footnote F1).
- Total shares sold: 40,000; total proceeds ≈ $28.05 million.
- Unvested equity: filing notes 291,529 shares issuable under previously reported RSUs and performance RSUs (85,426 time-vested RSUs; 206,103 performance-based RSUs) (footnote F2).
- Ownership structure: some reportable securities are held by entities (Aldebran Constellation LLC and two Aldebran family dynasty trusts) where Vashist is a manager with voting and investment power (footnotes F3–F5).
- No indication in this filing of a 10b5-1 plan, option exercise, gift, or tax-withholding event.
Context
This transaction is a direct sale of shares by the CEO. Sales are common for liquidity or portfolio-management reasons and do not, by themselves, indicate company performance or insider sentiment. The filing’s footnotes clarify the weighted-average price and unvested equity exposure; if you need the exact number of shares sold at each price within the reported range, the reporting person has offered to provide that detail on request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-03$701.13/sh−30,000$21,033,900→ 402,898 total - Sale
Common Stock
[F1][F3]2026-06-03$701.13/sh−10,000$7,011,300→ 14,781 total(indirect: See Footnote)
- 25,809(indirect: See Footnote)
Common Stock
[F4] - 25,809(indirect: See Footnote)
Common Stock
[F5]
Footnotes (5)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $694.94 to $707.33 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.