Pangrazio Vincent P 4
4 · SITIME Corp · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
SITIME (SITM) EVP Vincent Pangrazio Receives Stock Awards
What Happened
- Vincent P. Pangrazio, EVP, Chief Legal Officer & Corporate Secretary of SITIME Corp (SITM), received four stock awards on February 10, 2026 totaling 10,157 shares. Each grant was issued as restricted stock units/performance RSUs at $0.00 (no cash paid). These awards are subject to time-based vesting schedules and performance conditions described below.
Key Details
- Transaction date: 2026-02-10; Filing date: 2026-02-12 (timely filing).
- Grants reported: 1,733; 2,968; 2,728; and 2,728 shares (total 10,157 shares) at $0.00 per share.
- Notable footnotes:
- F1: RSU award under Executive Bonus & Retention Plan — vests 50% on May 20, 2026 and 50% on Aug 20, 2026.
- F2: 2,968 shares represent additional PRSU shares tied to a March 15, 2024 PRSU grant; total 5,936 PRSU shares vest on Feb 20, 2027 if performance targets are met.
- F3: An RSU award that vests 6.25% on Feb 20, 2026 and quarterly thereafter.
- F4: PRSUs vest based on SiTime’s relative total shareholder return over a three‑year performance period.
- F5: The filing notes an aggregate 51,023 shares issuable under previously reported unvested RSUs/PRSUs (22,714 time‑based RSUs; 28,309 performance RSUs).
- Shares owned/issuable after transaction: filing discloses 51,023 unvested shares issuable under prior awards (see F5); vested share ownership not separately quantified in this Form 4.
Context
- These were awards (code A) — non‑cash grants of RSUs/PRSUs. RSUs convert to shares only after vesting; PRSUs depend on meeting performance targets. Such awards are routine components of executive compensation and do not indicate an open‑market purchase or sale.
Insider Transaction Report
Form 4
SITIME CorpSITM
Pangrazio Vincent P
See Remarks
Transactions
- Award
Common Stock
[F1]2026-02-10+1,733→ 52,273 total - Award
Common Stock
[F2]2026-02-10+2,968→ 55,241 total - Award
Common Stock
[F3]2026-02-10+2,728→ 57,969 total - Award
Common Stock
[F4][F5]2026-02-10+2,728→ 60,697 total
Footnotes (5)
- [F1]Restricted stock unit award under the Executive Bonus and Retention Plan vesting 50% of the shares on May 20, 2026 and 50% on August 20, 2026.
- [F2]Additional shares being granted upon the achievement of performance criteria for performance-based restricted stock units (PRSUs) initially granted on March 15, 2024. The total 5,936 shares granted under this PRSU award, will vest on February 20, 2027.
- [F3]Restricted stock unit award vesting 6.25% of the shares on February 20, 2026 and quarterly thereafter.
- [F4]Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The PRSUs vest upon achievement of certain levels of relative total stockholder return over a performance period of three years by SiTime.
- [F5]Includes an aggregate of 51,023 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested. These unvested units include 22,714 restricted stock units that vest over time, and 28,309 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods.
Signature
Samsheer Ahamad, Attorney-in-fact|2026-02-12