4Filed Aug 23, 8:00 PM ET
SITIME EVP Vincent Pangrazio Sells 5,419 Shares for Taxes
$SITM · SITIME CorpResearch Summary
AI-generated summary of this SEC filing
SITIME EVP Vincent Pangrazio Sells 5,419 Shares for Taxes
What Happened
Vincent Pangrazio, EVP, Chief Legal Officer & Corporate Secretary of SITIME Corp (SITM), disposed of 5,419 shares on Aug 20, 2026 as a payment of tax liability (transaction code F). The shares were reported at $598.81 each for a total of $3,244,951. This transaction is coded as tax withholding rather than an open-market directional sale.
Key Details
- Transaction date and price: 5,419 shares at $598.81 on 2026-08-20.
- Proceeds/Value: ~$3,244,951 reported as disposition to cover tax liability.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 notes an aggregate of 29,322 shares issuable under previously reported restricted stock units (12,698 time-vesting) and performance-based restricted stock units (16,624) remain unvested.
- Filing: Report filed 2026-08-24 (four days after the reported transaction); Form 4 is generally due within two business days, so this filing may be later than typical.
Context
Transaction code F indicates this was a tax-withholding disposition commonly used when equity awards vest and the company withholds shares to satisfy tax obligations. Such withholding transactions are routine and do not necessarily signal the insider’s view on the company’s prospects.