Sevalia Piyush B 4

What Happened

• Sevalia Piyush B, EVP, Marketing of SITIME Corp (SITM), sold 1,249 shares in an open-market/private sale on March 25, 2026.
• The shares were sold at $375.00 per share for a total transaction value of $468,375. This was a sale (not a purchase), which is often routine insider selling rather than a clear bullish signal.

Key Details

• Transaction date and price: March 25, 2026 — 1,249 shares at $375.00 each.
• Total value: $468,375.
• Shares owned after transaction: Not specified in the provided excerpt. The filing does note unvested awards (see footnote).
• Footnote (F1): The filer has an aggregate of 81,486 shares issuable under previously reported restricted stock units and performance-based restricted stock units that have not vested — 29,486 time‑vesting RSUs and 52,000 performance‑based RSUs that vest based on absolute and relative stock price performance over various periods.
• Filing timeliness: Reported on Form 4 filed March 27, 2026 for a March 25 transaction; this appears to be filed within the typical 2‑business‑day window.

Context

• This was an outright sale of existing shares. Sales by executives can be routine (for diversification, taxes, liquidity, etc.) and do not by themselves indicate management’s view of the company’s prospects.
• The presence of 52,000 performance‑based RSUs means a portion of future compensation depends on SITM’s stock performance, which may align executive incentives with shareholders over time.