MOORTHY GANESH 4

What Happened

• Moorthy Ganesh, a director of SITIME Corp (SITM), was granted 390 restricted stock units (RSUs) on June 1, 2026. The award is reported as an acquisition (Code A) at $0.00 per share (no cash paid) and will convert to common stock upon vesting.
• The RSUs vest fully on May 20, 2027 (see footnote). This is a standard compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-01; filing date (Form 4): 2026-06-02 (filed within required reporting window).
• Amount: 390 RSUs; Price: $0.00; Reported value at grant: $0.
• Vesting: Fully vests on May 20, 2027 (Footnote F1).
• Shares owned after transaction: Filing notes an aggregate of 1,388 shares issuable pursuant to previously reported unvested RSUs (Footnote F2). The Form 4 does not disclose a single total beneficial‑ownership number in this summary.
• Transaction type/code: Award/Grant (A). No 10b5-1 plan, tax withholding, or late‑filing flag reported.

Context

• RSUs are compensation that convert to shares only after vesting; they are not an immediate cash investment or sale. Such awards are common for executives and directors to align incentives with shareholders, but they are not the same signal as an outright purchase.
• Because this is a grant (not a purchase or sale), it should be viewed as compensation rather than a direct endorsement or criticism of the stock price.