Frank Edward H. 4
4 · SITIME Corp · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
SITIME (SITM) Director Frank Edward H. Receives RSU Award
What Happened
Frank Edward H., a director of SITIME Corp (SITM), received an award of 390 restricted stock units (RSUs) on 2026-06-01. The reported acquisition price is $0.00 (no cash paid). The award was reported on a Form 4 filed 2026-06-02. These RSUs are compensation awards and are not an open-market purchase or sale.
Key Details
- Transaction type/code: Award (A) — grant of RSUs.
- Date of transaction: 2026-06-01; Form 4 filed 2026-06-02 (timely filing).
- Shares/units: 390 RSUs reported; acquisition price reported as $0.00 (value reflects grant, not a cash transaction).
- Vesting: The RSU award vests fully on May 20, 2027 (Footnote F1).
- Ownership notes: Footnote F2 confirms the 390 shares are issuable pursuant to this unvested RSU award. Footnotes F3 and F4 state certain reportable securities are owned directly by two 2015 Heritage Trusts (Whitton Anne Frank and Naomi Mantor Frank), of which the reporting person is a trustee with voting and investment power.
- Shares owned after transaction: The filing indicates these 390 RSUs are unvested and included in reported holdings; the Form 4 does not list an updated total of fully vested common shares owned outright after this grant.
Context
RSU grants are a form of compensation that become actual shares only after vesting; they do not represent an immediate cash investment or sale. Because these units vest in the future, they reflect potential future ownership rather than an immediate market purchase. The trustee notes indicate some related shares are held in trust where the reporting person has voting/investment authority; this signifies indirect ownership/control rather than a separate market transaction.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-01+390→ 11,999 total
- 1,000(indirect: See Footnote)
Common Stock
[F3] - 1,000(indirect: See Footnote)
Common Stock
[F4]
Footnotes (4)
- [F1]Restricted stock unit award vests fully on May 20, 2027.
- [F2]Includes an aggregate of 390 shares of common stock issuable pursuant to the restricted stock unit award reported pursuant to this Form 4 that has not yet vested.
- [F3]The reportable securities are owned directly by Whitton Anne Frank 2015 Heritage Trust, of which the Reporting Person is one of the trustees and has voting and investment power over the shares.
- [F4]The reportable securities are owned directly by Naomi Mantor Frank 2015 Heritage Trust, of which the Reporting Person is one of the trustees and has voting and investment power over the shares.