Chitkara Raman 4
4 · SITIME Corp · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
SITIME (SITM) Director Chitkara Raman Sells 2,000 Shares
What Happened Chitkara Raman, a director of SITIME Corp (SITM), sold 2,000 shares in an open-market disposition on June 12, 2026. The shares were sold at $727.38 per share for total proceeds of $1,454,760. This was a sale (not a purchase or option exercise), which is generally treated as a routine insider disposition rather than an explicit positive signal.
Key Details
- Transaction date: 2026-06-12; Filing date: 2026-06-15 (Form 4 accession 0001748459-26-000012).
- Transaction type/code: Open-market sale (S).
- Price and amount: 2,000 shares at $727.38 per share; total value $1,454,760.
- Shares owned after transaction: Not specified in the provided excerpt; the filing notes 390 shares issuable under a restricted stock unit award that have not yet vested (see footnote F1).
- Footnote: F1 — Includes 390 shares issuable pursuant to the restricted stock unit award reported on this Form 4 that have not yet vested.
- No indication in the provided data of a 10b5-1 plan, tax-withholding disposition, or gift; no derivative exercise involved.
Context Open-market sales by directors are common and can reflect personal liquidity needs or portfolio rebalancing; they do not necessarily indicate a change in the director’s view of the company. The filing notes unvested RSUs (390 shares) associated with the reporting person, which are contractual and subject to vesting conditions.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-12$727.38/sh−2,000$1,454,760→ 19,898 total
Footnotes (1)
- [F1]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.