SITIME Corp·4

May 22, 8:17 AM ET

Assaderaghi Fariborz 4

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SITIME (SITM) EVP Fariborz Assaderaghi Sells 6,049 Shares

What Happened Fariborz Assaderaghi, Executive Vice President, Engineering & Technology at SITIME (SITM), disposed of 6,049 shares on May 20, 2026. The transaction was recorded as a payment of exercise price or tax liability (code F): 6,049 shares at $697.00 per share, totaling $4,216,153. This was a withholding-type disposition (used to satisfy tax or exercise obligations), not an open-market sale for investment purposes.

Key Details

  • Transaction date: 2026-05-20; filing date: 2026-05-22 (timely filing).
  • Price per share: $697.00; total value: $4,216,153.
  • Transaction code: F — shares were surrendered to cover tax and/or exercise price obligations.
  • Shares owned after the transaction: not specified in the provided Form 4.
  • Footnote: the filing notes an aggregate of 76,830 shares issuable under previously reported restricted stock units (32,013 time-vested RSUs) and performance-based RSUs (44,817 PRSUs) that have not vested.
  • Insider role: Executive Vice President, Engineering & Technology.

Context Code F transactions are commonly used to satisfy tax withholding or exercise-price requirements when awards vest or options are exercised. Such withholding dispositions are routine and do not necessarily indicate the insider’s market view of the company. This was not reported as a purchase; purchases generally carry more direct signals about insider sentiment.