Assaderaghi Fariborz 4
4 · SITIME Corp · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
SITM: Fariborz Assaderaghi Sells Shares, Receives RSU Awards
What Happened
Fariborz Assaderaghi, Executive Vice President, Engineering & Technology at SITIME Corp (SITM), reported open-market sales and several restricted stock unit (RSU/PRSU) grants. He sold 500 shares on 2026-02-10 and 2,112 shares on 2026-02-11, realizing approximately $208,030 and $904,105 respectively (total ≈ $1,112,135). On 2026-02-10 he was also granted four equity awards totaling 17,234 shares (1,801; 5,473; 4,980; 4,980) as restricted stock units or performance-based restricted stock units (no cash paid).
Key Details
- Sales: 2,612 shares sold total (500 @ $416.06 on 2026-02-10; 2,112 @ $428.08 on 2026-02-11). Reported total proceeds ≈ $1,112,135. Footnote indicates sales occurred in multiple transactions at prices ranging $416.06–$436.99 (weighted avg reported).
- Grants: Four awards on 2026-02-10 totaling 17,234 RSU/PRSU shares:
- 1,801 RSUs (50% vest 5/20/2026; 50% vest 8/20/2026).
- 5,473 additional PRSU shares tied to prior PRSU awards (the total 10,946 PRSU shares will vest 2/20/2027 upon achievement of performance criteria).
- 4,980 RSUs vesting 6.25% on 2/20/2026 and quarterly thereafter.
- 4,980 PRSUs that vest based on relative total stockholder return over a three-year performance period.
- Unvested holdings: Filing notes an aggregate of 96,782 shares issuable from previously reported unvested RSUs/PRSUs (44,782 time-based RSUs and 52,000 PRSUs).
- Filing/timeliness: Form 4 was filed 2026-02-12 covering transactions on 2026-02-10 and 2026-02-11; filing appears timely (not marked late).
- Other: The reporting person offered to provide a breakdown of shares sold at each separate price within the reported price range upon request.
Context
- The equity awards are non-cash RSUs/PRSUs with specified vesting/performance conditions; they are contingent compensation, not purchases.
- The sales were open-market disposals and are often routine (e.g., diversification or tax/liquidity needs); the filing provides no statement of motive.
- For retail investors, purchases may be a stronger bullish signal than awards; here the filing mainly reflects issuance of compensation awards plus routine insider sales.
Insider Transaction Report
Form 4
SITIME CorpSITM
Assaderaghi Fariborz
See Remarks
Transactions
- Award
Common Stock
[F1]2026-02-10+1,801→ 85,116 total - Award
Common Stock
[F2]2026-02-10+5,473→ 90,589 total - Award
Common Stock
[F3]2026-02-10+4,980→ 95,569 total - Award
Common Stock
[F4]2026-02-10+4,980→ 100,549 total - Sale
Common Stock
2026-02-10$416.06/sh−500$208,030→ 100,049 total - Sale
Common Stock
[F5][F6]2026-02-11$428.08/sh−2,112$904,105→ 97,937 total
Footnotes (6)
- [F1]Restricted stock unit award under the Executive Bonus and Retention Plan vesting 50% of the shares on May 20, 2026 and 50% on August 20, 2026.
- [F2]Additional shares being granted upon the achievement of performance criteria for performance-based restricted stock units (PRSUs) initially granted on March 15, 2024. The total 10,946 shares granted under this PRSU award will vest on February 20, 2027.
- [F3]Restricted stock unit award vesting 6.25% of the shares on February 20, 2026 and quarterly thereafter.
- [F4]Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The PRSUs vest upon achievement of certain levels of relative total stockholder return over a performance period of three years by SiTime.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $416.06 to $436.99 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F6]Includes an aggregate of 96,782 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 44,782 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|2026-02-12