Assaderaghi Fariborz 4
4 · SITIME Corp · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
SITIME Exec VP Fariborz Assaderaghi Sells 1,709 Shares
What Happened Fariborz Assaderaghi, Executive Vice President, Engineering & Technology at SITIME Corp (SITM), sold 1,709 shares of SITM common stock in an open-market transaction on May 22, 2026. The filing reports a weighted average sale price of $731.49 per share for a total proceeds of $1,250,116. The sale occurred in multiple trades at prices ranging from $725.05 to $741.48 per share.
Key Details
- Transaction date: May 22, 2026; Form 4 filed May 27, 2026 (filed 5 days after the trade; may be late relative to the SEC’s 2-business-day reporting rule).
- Price: Weighted average $731.49; reported price range $725.05–$741.48 (multiple transactions).
- Shares sold: 1,709; Proceeds: $1,250,116.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: F1 notes the weighted-average price and provides the per-trade price range; F2 indicates 76,830 unvested shares are issuable under previously reported restricted stock units (32,013 time-based RSUs and 44,817 performance-based RSUs with price-based vesting conditions).
Context This was a sale (not a purchase or option exercise). Sales by executives can be routine (diversification, tax planning, etc.); the filing itself does not state a reason. The F2 disclosure shows the insider still has unvested equity (including performance-based units) that may vest in the future under specified conditions. The F1 footnote says the reporting person can provide a breakdown of how many shares sold at each price upon request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-22$731.49/sh−1,709$1,250,116→ 81,436 total
Footnotes (2)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $725.05 to $741.48 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.
- [F2]Includes an aggregate of 76,830 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 32,013 restricted stock units that vest over time, and 44,817 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.