Assaderaghi Fariborz 4

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.