4Filed Sep 1, 8:00 PM ET

SITIME (SITM) CEO Vashist Rajesh Gifts 1,300 Shares

$SITM · SITIME Corp

Research Summary

AI-generated summary of this SEC filing

Updated

SITIME (SITM) CEO Vashist Rajesh Gifts 1,300 Shares

What Happened
Vashist Rajesh, CEO of SITIME Corp (SITM), made bona fide gifts on August 31, 2026, transferring a total of 1,300 shares of common stock. The filing shows 1,300 shares disposed at $0.00 and two corresponding acquisitions of 650 shares each at $0.00 — transfers made for estate planning (650 shares to Aldebran Rajesh Family Dynasty Trust and 650 shares to Aldebran Rohini Family Dynasty Trust). No sale or cash consideration was involved.

Key Details

  • Transaction date: August 31, 2026. Form filed: September 2, 2026 (filed within the typical Form 4 reporting window).
  • Transaction type/code: Gift (G); price per share reported $0.00; total reported cash value $0.
  • Beneficiaries/recipients: Aldebran Rajesh Family Dynasty Trust DTD 09/23/2021 and Aldebran Rohini Family Dynasty Trust DTD 09/23/2021 (footnote F1).
  • Ownership/control notes: The reporting person is a manager with voting and investment power over shares held by the Aldebran trusts (F4, F5) and also has involvement with Aldebran Constellation LLC (F3).
  • Unvested awards: Filing notes 234,434 shares issuable under previously reported restricted stock units and performance-based RSUs (76,217 time-vested; 158,217 performance-based) (F2).
  • Shares owned after transaction: Not explicitly stated in the excerpt of the filing provided.

Context
Gifts for estate planning are common insider transactions and do not necessarily signal confidence or concern about the stock — they are not open-market sales. Because the transfers were to trusts over which Rajesh retains managerial/voting roles, the economic and control changes may be limited even though legal ownership shifted.