SITIME CEO Vashist Rajesh Sells 29,054 Shares

What Happened

• Vashist Rajesh, CEO of SITIME Corp (SITM), had 29,054 shares disposed on August 20, 2026 at $598.81 per share for a total of $17,397,826. The transaction is coded "F" (payment of exercise price or tax liability), indicating the shares were withheld/transferred to satisfy tax obligations tied to equity awards rather than a typical open-market sale.

Key Details

• Transaction date: 2026-08-20; Price: $598.81; Shares disposed: 29,054; Total value: $17,397,826.
• Filing date / report filed: 2026-08-24 (timely based on Form 4 reporting rules).
• Shares owned after transaction: not specified in the excerpt provided.
• Footnote F1: There are 234,434 shares issuable under previously reported restricted stock units (RSUs) and performance-based RSUs (76,217 time-vesting RSUs; 158,217 performance-based RSUs tied to stock-price performance) that have not vested.
• Footnotes F2–F4: Some reportable securities are owned directly by entities/trusts (Aldebran Constellation LLC and two family dynasty trusts) over which Mr. Rajesh is a manager and has voting and investment power.

Context

• Code "F" transactions commonly reflect tax withholding when RSUs/stock awards vest or options are exercised; they are administrative and do not necessarily signal a CEO view on the company’s stock direction.
• The filing shows management control over additional shares via related entities/trusts; consult the full Form 4 for total beneficial ownership and vesting schedules before drawing conclusions.