VASHIST RAJESH 4

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.