SITIME Corp·4

Feb 19, 7:14 PM ET

Sevalia Piyush B 4

4 · SITIME Corp · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

SITIME (SITM) EVP Piyush B. Sevalia Sells 1,132 Shares

What Happened
Piyush B. Sevalia, EVP, Marketing of SITIME Corp (SITM), sold a total of 1,132 shares in two open-market transactions. On Feb 17, 2026 he sold 566 shares at $413.08 for $233,803; on Feb 18, 2026 he sold 566 shares at $425.00 for $240,550. These were outright sales (transaction code S), generating approximately $474,353 in proceeds. Sales are typically routine disposition events and do not, by themselves, indicate company outlook.

Key Details

  • Transaction dates & prices: Feb 17, 2026 — 566 shares @ $413.08 ($233,803); Feb 18, 2026 — 566 shares @ $425.00 ($240,550).
  • Total shares sold: 1,132; total proceeds: ≈ $474,353.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: filing discloses an aggregate of 89,557 shares issuable under previously reported unvested awards (37,557 time‑based RSUs and 52,000 performance‑based RSUs/PSUs subject to vesting conditions).
  • No 10b5‑1 plan, option exercise, gift, or tax‑withholding transaction reported; filing appears timely (transaction dates Feb 17–18, filed Feb 19, 2026).

Context
These were sales in the open market (not option exercises or awards), so they represent dispositions rather than purchases. For retail investors, purchases by insiders are often viewed as stronger signals than sales; sales can be for many personal reasons and are not direct evidence of company performance.

Insider Transaction Report

Form 4
Period: 2026-02-17
Sevalia Piyush B
See Remarks
Transactions
  • Sale

    Common Stock

    2026-02-17$413.08/sh566$233,80393,489 total
  • Sale

    Common Stock

    [F1]
    2026-02-18$425.00/sh566$240,55092,923 total
Footnotes (1)
  • [F1]Includes an aggregate of 89,557 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 37,557 restricted stock units that vest over time, and 52,000 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|2026-02-19

Documents

1 file
  • 4
    wk-form4_1771546452.xmlPrimary

    FORM 4