Chitkara Raman 4

What Happened

• Chitkara Raman, a director of SITIME Corp (SITM), received an award of 390 restricted stock units (RSUs) on 2026-06-01. The Form 4 reports an acquisition (code A) of 390 shares at a reported price of $0.00 (no cash exchanged). These RSUs are unvested and will convert to common shares only upon vesting.

Key Details

• Transaction date: 2026-06-01; Form filed: 2026-06-02
• Transaction type/code: Award/Grant (A)
• Shares involved: 390 RSUs; reported acquisition price: $0.00
• Vesting: RSUs vest fully on May 20, 2027 (footnote F1)
• Ownership note: Filing states the 390 shares are issuable under the RSU award and have not yet vested (footnote F2). The filing does not list total shares owned after the transaction beyond these unvested RSUs.
• Timeliness: filing covers the 2026-06-01 grant and was submitted on 2026-06-02 (no late-filing flag indicated).

Context

• Restricted stock units are a common form of compensation for directors and executives; they represent a promise to deliver shares in the future subject to vesting conditions. Because these RSUs are unvested, the shares are not immediately tradable. This transaction is an award rather than an open-market purchase or sale and does not itself indicate the insider bought or sold existing shares.